Post by
jonggua on Dec 29, 2011 6:31pm
trading
one things for sure, we didn't get the front page cover bump up in either volume or price we were hoping for. However, eps of $.50 for 2012 might do the trick. I am schizophrenic with my expectations. Due to an expected Euro meltdown of banks and govt's next year, I could see $.50 shares at some point, simply due to panic selling ala 2008, and gold might sell off too down to lower 1000's in such a panic. mind you, I am NOT saying those prices make sense, only that I am steeling myself for just such an eventuality. I can also see $100 plus (not a typo) circa 2015+ if gold gets to near $5000 as I expect and we have eps nearing $5 mark with production over 100K oz and gold stocks finally fall into favor. With panic buying, the sky's the limit. Old timers from 1980 bull market write about unbelievable now prices, of $500+ explo stocks that were $.25 just 3 years earlier.