Post by
goldopportunity on May 18, 2018 11:32pm
Fwiw.........
For the last 4 days while the usd had consecutive up moves, the gold indices traded in a narrow range around their respective 50dma. Wouldn't be a stretch to surmise that gold stox generally look poised to rally next week. Now wouldn't it be ironic if this rally begins on monday when the cdn exchanges are closed for the victoria day holiday??> Could we have a gap-up tuesday here in canada???? We'll see what happens.
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As for alexandria, it's been pretty much in a definitive trading range for 4 weeks now. Shylock's posts on how ridiculously under-valued alexandria is should be read and reread. Currower brought up a good point the other day that it's logical alexandria will get the RE out very shortly, without further extensions. It's also logical that the RE #s will be a very positive game-changer to the sp.
Look, if the RE #s were bad or mediocre they would have been released long ago. Let's face it, ES would have moved on and sold us on the cheap early in the year to scalper probe if those buy-out whispers we heard were true. But he didn't. Tells me that ES believes we've got substantially more gold in the ground. And that equals bigger $$$$ for all of us. Don't believe me? Then why is EO risking financial and professional suicide, and possibly jail time to get his greedy hands on our company, on the cheap no less (what nerve!!)? Because we gotta lotta gold, folks!!!
LRG brought up an excellent point months ago that perhaps ES et al have allowed interested parties to be confidentially privy to some of the RE #s. So basically there may have been a "gag order" while a selected entity or entities have come up with their best offer(s). If this indeed were the case, I wouldn't be surprised if ES et al kept feeding this interested buyer(s) revised and better RE #s as negotiations proceeded along. In other words, the RE #s would have been fluid since late last year. Carrying this one step further, ES et al have been forthcoming about delays in releasing the RE. The fact alexandria didn't have an NR on the royalty sale this week, where they could have mentioned a further delay, leads me to think that they're probably just about ready to release the RE #s.
Wouldn't be surprised if EO has already got a whiff of what's coming down the pike, and that's why he and his band of bandits vainly tried to get in front (via info circular this week) of what I expect to be very good news that's about to be released by alexandria.
Everything I've mentioned here is conjecture and speculation. Hopefully you've found it logical. So we'll see what happens. Patience is the key, folks. Have a great weekend. Jmvho.
P.s. I'll have some observations over the weekend on probe, whom I still believe may be a potential alexandria suitor. Probe's sp action this week I think may bolster my increasing speculation.
goldopp