RE: Pope likes ROG Kensin Man for an old fellow he gets around.
You know IKE I hope for all us little retail guys they are correct. I'm a firm believer in the analogy that juniors are the amphibians to the general commodities market. When they suffer and die out the main stream has lost their food source and it will hit the big markets unilaterally on one Friday mourning when everyone is busy doing other things.
I swapped NES for ROG $2.95 for $1.80 but like yourself don't like the negative response to decent drill results at NES. Too many people and fund managers are now in such bad shape financially that when there is an anticipated run people are dumping.
I can't see that happening V.CAN any more than at T.CMK ( compare V.CAN and T.CMK charts for the last year) Short positions are virtually nil so there is no money to be made on the downside.
The real question is, "what is the market looking to invest in right now and for the next 6 months?"
Is it Graphite, Social Media, Pharmaceuticals, Tech what? Trillions on the sidelines what are they waiting for.
News yesterday suggests that Spain will need to bail out their banks in 6 months but don't have the money to do it. They have been told there is no money for them from Europe or anywhere else. What's the defensive posture against one of the big "8" going down? GOLD ? Will it head north of $2,000.00 Seems like it.
On BNN yesterday an analyst basically said to get out of the market in general until the dust settles. I'm sure they wish they had not invited him on the air.
ROG has cores in Canada so lets hope they hit big and it drives ROG up unlike NES. .I would like to see that before Canaco news so the mood is more positive and we might get a more positive reaction here.
JMO