AIC Mines Ltd IAUFF

RE: Looks like gap will fill ... oh sigh

[dorinho]

Stockta y Intrepidistas: I am not in disagreement with your HUI observation whatsoever. But I would contend that a rebound in the PoG you envisage would be short-term startling ............ I'd love it BUT it's not likely to happen IMHO. In March / April of last year HUI did penetrate it's 200 DMA by approx. 10% .......... an incredible buying opp if their ever was one, si? HUI is already below its 200 DMA and I sense ... just sense mind you ... that there is more decline in the works. Much will depend on whether the PoG holds it's 390ish 200-DMA. Two final items: 1. USD index did poke it's 'ugly' head over 92 earlier today ... yes, it sunk back but is that a portent of the near-term? Could well be. 2. If so, then I think the 390 PoG 200-DMA will be penetrated and the next sizeable support is 375ish. The effect of that on HUI would not be pleasant, near-term. IMHO that would set up another tremendous buying opp ... even better than this time last year! Caballeros .. I love IAU as a leader in the next year, AFTER this mess is cleared up. Great appreciate the discussion .. all the best! Un abrazo! D'Orinho PS: Head's up moment ........ two of Jim Steel's favourites, BDR.V and FRG.TO, are holding up remarkably well in this "froth" ... BTW: IAU is a BIG fav of his.