RE: RE: RE: GRS pre-marketI'm in for the long haul. I have always had a 20% stock position in a Gold producer for the past 10 years. ELD and SGR have been my past picks.
SGR diluted so I bailed...ELD has topped out (IMO) and my fear with the big producers is they sit on huge cash and make dumb purchases of junior company's.
POG will be 1500 or more by spring....it would take a complete reversal of attitude towards currency at this point to force gold below 1200.
GAM is being manipulated...but what isn't. The 4th 1/4 earnings will tell the story and we longs will get paid.
I'm sitting 75% cash looking at the market for a deal. Sold my UUU made good coin. Sold Air Canada made good coin. I could sell my GAM and make good coin too...unfortunately it is the only thing I see that looks cheap. If someone out there see's something i'm missing..please let me know...
I need to see where the support for this one is and I'll buy more. A break and close above 8 will see me double down.
Closes over 8 goes to 10. 9 will be a blur.