RE:RE:RE:RE:RE:Bull markets START with a BANG !!That last nr really peaked my interest in FVL.... those results are far too good to ignore... this cap at 48 likely is to push it back down once more.. I took a new position for the umpteenth time in spite of it being up against a wall. I will be doubling back at that next pivot around 43 if it drops..... with gold gearing up to take out 2000 I can't ignore it.. we have a bull run and it's not being talked about.... I did well years ago loading before the juniors got going. I see it no differently this time.. will 2k do it?? or will we need to break into new highs that are very very likely coming this year.... Jan it seems stocks get held down likely to capitalize on tax loss selling and allowing insitutions to reload portfolios. I dont know, but it seems to be a pattern, and then as RSP season gets into full swing it picks up.. That is different this year because most old fogies said enough of all this and took 5% on GIC's long instead... so less money is flowing into the market these days. What I do know, is money isn't made sitting stagnant so eventually something has to give... When you see a chart flat line for a year those often are the greatest plays with the greater upside because they have sat long enough for MM's to accumlate sizeable postions to warrant a large move when the time is right. These characters move the play far more than you would expect when the time is right... How do you know when that time is? we don't.. But once we see enough activity on a broad scale it will become a lot more obvious.. I just don't want to be chasing when the time comes. To me it seems like the bottoms are well in. We have survived thus far where fear was peaking and stocks were dropping until the market said that's enough... So with fear subsiding and Gold rising I just can't ignore the opportunity at hand. What does it take to change this stagnant climate we are in?? Likely even higher highs on Gold until the buying offsets the selling. Supply vs demand. Seems to do it everytime.. When MM's lose more than they gain holding plays down they run.. If not that, it's when the MM says we have filled our boots enough already, it's gotime..
So here we are waiting patiently until teh market wakes up to the opportunity at hand.
48 is a lovely higher low... the question remains do we slip back to 43-4 or do we get over 50 and hold this time. to hold 51 often takes a runinto the 60's.. This to me seems very overdue... especially with news of a 198 metres with grades of 3.83.. those are fantastic grades and when and if the market runs this will be talked about...and that is when you see the news being reflected into the share price. In the meantime boiler room activity keeps the breaks on...