Observation on Gold Majors Looks like the big guys like Barrick and Newmont saw their stocks bottom out about a week ago and are now heading higher. The double bottom is in. So I think the worst is behind us with this brutal downturn in gold stocks. Things should start to improve soon.
Luckily SGD has done extremely well during this downturn since they have made a huge gold discovery. Lots of value with SGD and I still think it has lots of upside over the next few months as more drill results pour in. It's an absolutely huge gold discovery.