PINL:VLTAF - Post by User
Comment by
ALLEN4on Sep 14, 2012 2:41pm
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Post# 20364851
RE: RE: RE: RE: RE: wow, over $.80
RE: RE: RE: RE: RE: wow, over $.80 The confidence that has returned and the surge in POG is having the most impact on the Eldorados, the Kindrosses, the Randgolds, and Yamanas. This is natural in the very early stages of a recovery for a sector. Ultimately a smaller operation such as Volta will give you a bigger bang for your buck but it will not come in nice even graph upwards. The comparable West African smaller gold miners are not moving dramatically. But as said, if we continue to have a positive environment for gold and the gold mining industry, the more speculative plays will recover. Right now if you are a fund manager and you see what's happening with POG you buy some Eldorado or some Yamana. You are not yet ready to take a chance on a smaller player like Volta. Its the big institutional players that are going to ultiately move this stock upward back to where it belongs.