PINL:VLTAF - Post by User
Comment by
ALLEN4on Jun 01, 2012 3:49pm
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Post# 19972469
RE: RE: RE: Is VTR a laggard in this gold run?
RE: RE: RE: Is VTR a laggard in this gold run? Maybe they are thinking that Sunday evening at 6 p.m., the POG will tank back to $1550. I think we will see a continuing upward move in the POG from here. And what is missing from our success with share price is the buyers, but with VTR they tend to come in large clusters and then disappear. There will always be sellers, just like there will always be unemployment. A few hundred thousand shares sold is nothing to be concerned about. We need to see the volume buyers back, and with a sector turnaround that will happen. And remember we are going to have a positive close when the TSX is down for the day. A big move in gold pays off the big guys first, like ABX which had a great day, but this kind of a move inevitably works its way down the food chain and provided this day is not a fluke, our paydays will come and come and come. Its going to be a great summer.