RE:Huge supportHello,
Been following the PG board for years, enjoyed your comments "dont ya know!". I noticed that this morning as well, keeps bouncing off 2 range, EWwan buying around here too.
It seems as though the fate of the juniors is up to the price of gold, it is gonna be hard to make any push higher without a move in gold or company changing news.
For the first time in a while i feel clueless on the direcetion of gold...demand appears to be super strong and the fundamentals "appear" to show higher prices in the future...but as we all know that doesnt mean anything... I can see points for either direction, with a slight bias higher...but would not be surpised if gold was pushed to 1000 area...the ultimate flush...
PG is a great company IMHO...good properties, management and great amount of cash in the bank to carry out activities..i have been thinking bout making a decent sized investment...but just want gold to turn its hand and make a choice. problem is once it decides will be forced to chase PG.