Comment by
5F09A on Oct 25, 2012 1:34pm
I think November is going to be a pretty important month. We get past the the BD closing (Oct 31) and we will get earnings. It would sure be nice if strong earnings was the catalyst to take us up out of this range.... GLTA
Comment by
fleeinggrandich on Oct 27, 2012 11:21am
November is always generally a great month for PM stocks. Average PM move in Nov is +4% and average miner move is +8%. These are the averages since 2001 or so. Best month of the year, load up whatever stocks you've been following.
Comment by
ch08532 on Oct 27, 2012 12:41pm
I agree with you. My only concern is the 2.5M Warrants due on the 24th. Macquarie Bank might dump a portion of them right away...hopefully not. It will slow our upward movement a bit I think. Macquire is well positioned to make a good chunk of $$$ in the coming months (Warrants plus Gold Hedge early payout). GLTA
Comment by
KevinF2848 on Oct 27, 2012 2:47pm
About those 2.5 mill warrants, there are only .5 million more warrants outstanding besides these. They are due in May of 2013 and after that, NO warrants. How many juniors can say that? I do have to agree with you that there will be some pressure the end of November. Maybe they can do a private deal with someone and keep them from being sold into the market.