TSX:LSG.DB - Post by User
Post by
HARJAYon Jul 31, 2012 6:42am
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Post# 20167850
An article i read
An article i read Was reading an artcle that said that there is an excellent chance that gold equities have hit bottom and are starting to turn around and head back up. The new bull cycle in gold has begun. I would expect that the mid tier producers that have a bit more leavrage than the big boys and have been hit the hardest will turn around first , then the large producers and then the small caps.The co's with the lowest costs will benefit the most from the early part of this turn around, and as i have read in the past a lot of co's are and were trading as if gold was still in the $1000 level so this bodes well for a surprising rebound in lower cost , better leveraged producers. I would think anyway.
Best,
HARJAY