OTCPK:NOXOF - Post by User
Comment by
gaggersezon Jul 10, 2013 12:56am
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Post# 21598048
RE:Price of gold=Shares value but................
RE:Price of gold=Shares value but................I think the chances of a homerun are about 3 to 1 in your favor.... there are many variables.... we all know that.
But my personal belief is there will be a final bloodbath in the junior golds that will make even the most faithful believers question themselves.
Depending on NOX's cash on hand; I'll be back in once this happens. I hope NOX as of right now stops spending..... period. No more drilling.... preserve cash until the price of gold recovers.
I don't want my opportunity to become a casualty. Cheers....
Oh.... and I am down on this position rather largely and was a dedicated holder until I changed my opinion on the price of gold and where it will be manipulated down too. Just think of the psychological implications if/when it breaks below a 1,000.00.
This will be a returning board topic now as we watch and wait. Hope it pans out for everyone... :)