RE:RE:Pro profit taking has.. This was expected. The key is to remember that we're in the early innings of this run up in gold. If people trade in and out-- all the power to them. I have my core position and will stick it out for a couple of years unless this gets taken out.
This stock is a medium term play for me. 2 years is long but in the grand scheme of things.... it gets us to the end of the guild of the new mine. That's where it'll get really interesting.
I don't begrudge traders although the way I think about it...... why settle for some breadcrumbs that add up over time when I can have an entire loaf of I'm patient?
good luck next week! Don't be surprised if gold corrects more on Monday. POG has gone up over 400 in 4 months. A pull back ought to be expected as part of the longer view approach.
sb