RE:RE:RE:Monday Thursday and lucky Friday 13th were my biggest two day gains in the last 10 years thanks to CXB and a few others. Its only on paper, however I expect the trend to continue in the mining sector especially with Caliber and multiple events in the near term. I would still be a buyer if there were pullbacks however if Au/Ag values remain steady as expected my expectations remain as a steady climb to $2.75 by November. If miners with good projects come back in favour for retail investors I would expect that long awaited return to decent valuations for those with earnings.
What was weird last week is the size of the gains across the board for miners perhaps signal of a upward move for undervalued, disrespected companies that have value. I may be wrong but I don't expect this is just a blip. No doubt there should be some pullback but I don't see it lasting very long or have much faith in feds controling anything long term, from an old mans perspective..