Oromin Explorations Ltd OLEPF

Take a look at the three month chart...

[tony1969]

of the GLD.  All I can say is we better bounce off of that $160 level or else we can break down here as PG mentions in his post today.

[Treetop2]

This post has been removed in accordance with Community Policy

[parkssam]

Treetop If you go to Grandich website and choose gold catagory and exploration stocks you can go back and see what he has said. When you do, you will find that since last summer he has stated that the junior resource market was in a vicious bear market and it would be a mistake to think it can rally  and hold its gains. Please post actual comments by others in his business who not only state

[tony1969]

Hey Tree I agree that no one including PG knows the exact direction of gold.  I do know that he knows more about OLE (which is what I care about) than you and I and everyone on this board. He is a paid promoter so that obviously has to be taken into consideration.  He admits he is bias and warns you in advance to do your own d.d. That being said I looked at the 3 month gld chart and

[comet52]

I posted last week that this is a good time for Chet to sell because the prevailing wisdom that gold will continue up forever might not be true.  Its time for OLE to take what it can get imho.

[tony1969]

You are 100% correct comet52 and Chet and company know this. Like I said we are in no position to wait and see if and when gold resumes its uptrend.  I still believe it will because of all of the obvious global debt and money printing but this sweeping problems under the rug phase we are going through can last for a while.