TSX:SUE.WT - Post by User
Post by
vcrichtradeon Dec 10, 2011 10:28am
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Post# 19309786
SUE facts (Read)
SUE facts (Read)If you look at the facts without any bias, the share price should and will be much higher. I like this stock and couldn't agree more with those who see this stock moving higher. I make plenty of money buying stocks like this one when for no acutal reason it has a large drop. Volume is a funny thing, if you buy a stock on low volume it is either extremely low or high. I follow what Roman S. Dubczak, Vice Chairman & Managing Director, Head of Equity Capital Markets has to say about gold and specifically junior/mid-tier stocks. He has said time and time again in the last few weeks that while as a group they have been punished and unjustifiably by the market over reaction and lower volumes in the market; there is no fundemental basis to justify it. He is very bullish for the gold miners and specifically the juniors and mid-level peers as he said "they will have the spotlight as gold continues to strengthen and will see a sharp correction and movement higher in the coming year. The price today is historical and of no geniune significance to where it will be going tomorrow. The Euro crisis may hurt other sectors, however gold miners and producers are going to benefit the most from a weaking of global currencies and from Q3 happening in the US and Q1 happening in Europe. Happy Trading. TOP 5 PICKS:(1) WTG - catalyst recent 150 million financing & update to resource estimates in Q1/2012,(2) CAN - catalyst 3.5 million allocated monthly drilling expenditures and holding over $100 million in cash/debt free, (3) SUE - catalyst bought NSF back and continues drilling to increase reserves, (4) LSG - catalyst drilling and updating resource estimates(5) Detour Gold - catalyst updating their resource estimates