GREY:ATNAQ - Post by User
Comment by
Andy007on Oct 22, 2004 9:27pm
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Post# 8084196
RE: Critical decision in the next 2 weeks
RE: Critical decision in the next 2 weeksIf the U.S. dollar index falls sharply below level 84, gold will break sharply above US$431 and heads towards US$500.
Atna will then break through 60 cents sharply.
As a non-producing gold exploration stock I doubt that ATN will react much on the gold price.
Good exploration results will drive the share price, even when they are reported only in the neighbourhood.
Without the KDX results ATN would still be at 0.40/0.45 although the gold price is around $420.
Well, let's see whether it has been a wise decision to sell my ATN shares this week