GREY:PMVGF - Post by User
Comment by
twintomatoeson Jan 26, 2011 8:17pm
318 Views
Post# 18032043
RE: RE: What is going on?
RE: RE: What is going on?Ottawa, you pretty much summed it all up!
Few things I might add, gold is just in a consoladation phase before its next run up. I predict 1600-1800 for the price of gold.
The states is running a 1.5 trillion deficit next year! They are printing press can't keep up- they are ruining thier dollar!
PMI gold IMO has never been in better shape! They have a great management team now, they added some great experience to the company.
34 Million in the bank, drills are turning as we speak, more on the way.
We will have a steady stream of news with the drill program they have planned for this year.
Keep your core postion and buy on these pullbacks! I personally didnt think we would see the 50 cent shares again. I have bought more this week, but am running out of powder.
This will be in time well over a 2 dollar stock.
PS not only the US debt but the world debt is not going to go away over night. The gold price will rebound, like I said consider this a BUYING OPPURTUNITY.
TT