Stockmoves 1 ;Personally I'm waiting to see if gold breaks $1,800 . I've also got my eye on the cup and handle formation on the Kitco 10 year gold graph. If there is any validity in technical trading that has to be the most outstanding graph I've ever witnessed. I don't mind paying a little more for a stock that has been proven technically to the upside. I also use the majors as a bit of a proxy to tell me whether or not to buy. EXAMPLE ( ABX ) looks to be breaking out to the upside. If you take a good look at a one year graph and then shorten the graph up to say a 1 month they're starting to look pretty tempting . These gold stocks have been really beaten up. I might have to pay #1.20 for TUD by the time the cup and handle breaks to the upside ( hopefully ) . But while I'm waiting for this to happen I use all of my dry powder to make money on other stocks. I'm also in the camp that we're in the middle of a dead cat bounce on the DOW JONES .( hopefully ) . LOL . If the cup and handle formation breaks there's going to be A LOT OF MONEY TO BE MADE IN GOLD STOCKS . IMHO . Cheers and good luck. Just don't forget that if TUD can only produce gold at $1,300 and gold goes to even $1,100 I think you know how much the stock is worth.!!