GREY:GPLDF - Post by User
Post by
KingWhatsion Jul 14, 2011 7:54am
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Post# 18829893
Sprott on BNN
Sprott on BNNWhat a joke. Big shot (didn't get his name) a chief something was on BNN just now talking about the prospects for gold and silver. Nothing new on gold as a safe haven but insisted silver should trade 16:1 with gold and that $1600 gold means $100 silver. In your dreams. LOL
Then he picked 2 stocks (silver miners). Missed the first but did he pick some great producers or great business models like SLW or even GPR? Nope. He picked APE.V. A 20 cent pump and dumper on the Vancouver exchange. Looking at the chart, they have probably been losing their shirt on it and need an opportunity to get out so hence the pump.
Think I'm wrong? Just watch for the next week or so. APE - up on the pump. Then bang, the baloon pops.