My PerspectiveMy belief is that the price of gold is taking a well deserved breather. Will probably trade sideways to down for a few months. This stock will trade up on news expanding resources or take over possibilities. I have a few of these little gold companies. They all have a couple million ounces in the ground and are in production or close to it, like PRU.
I try to stay away from the one trick pony stock as the downside is often significant on those ones. I'm comfortable holding this one as I am not good at trading in and out of these gold stocks. A year from now it will be over $5, could it go down to $2 sure. BUT....can't see the US balancing its budget anytime soon so gold over $1000 is here to stay.
My free advice.....worth every penny