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Bullboard - Stock Discussion Forum European Goldfields Limited T.EGU

TSX:EGU - Post Discussion

European Goldfields Limited > Great opportunity today
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Post by Chatsecret on Jan 19, 2010 8:16pm

Great opportunity today

I picked up some shares at $5.60 wow, on a day where gold went up. Pinch me somebody. This will be back to $7 within days.
Comment by Goldbug0675 on Jan 20, 2010 5:50pm
This POS has tanked hard the last few days. I picked up some shares at $6.40 and am still reluctantly holding. Even when gold was up, this stock still tanked. I an starting to think that gold has lost its appeal and everyone is jumping ship. The sentiment on the US$ is up even though they have trillions worth of debt and will never be able to pay it back. The speculation is driving the dollar up ...more  
Comment by stockbear on Jan 21, 2010 1:39am
Goldbug you should sell your $6.50 shares and take the loss,but you will get a bargain on the $4 shares when you can buy them. ----------Original Message Posted 1/20/2010 5:50:59 PM---------- This POS has tanked hard the last few days. I picked up some shares at $6.40 and am still reluctantly holding. Even when gold was up, this stock still tanked. I an starting to think that gold has lost its ...more  
Comment by Goldbug0675 on Jan 21, 2010 6:33pm
I did sell my EGU shares this morning as well as my other gold stocks. I think gold is finished and will drop down under $1000,JMO. I am back in NG for now and hopefully I will make my money back. GLTA who own gold, could be in for a wild ride.
Comment by Chatsecret on Jan 23, 2010 4:07pm
We should know Monday morning if this pullback has some legs or if it was only a blip. I still think that gold is going back to 1200 within the next few weeks but we will see soon enough. As far as EGU ever going back to $4, I respectfully disagree and think that we will never see this happen again. Royal is maintaining it's price target of $9 on this one. GLTA
Comment by frankythetank on Feb 01, 2010 4:40pm
Not looking good goldbug.  You should change your name now that your short.  Buy low, Sell high not buy high and sell low LOLTank
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