Post by
silvercoin on Mar 24, 2008 3:31pm
Junior Miners.....Checking their charts
Its no secret that "junior gold and silver" miners haven't been
rising with the price of GOLD and SILVER for awhile now. Many JUNIOR
MINERS are close to their 2005 "SHARE PRICES", and recently their
2005 "lows". Technical analysis tells us that they are "bottomed-out"
and should begin to RISE. Its not IF, but WHEN. Both "fundamental and
technical" analysis leads me to believe that we may be soon see a
"meteoric" rise in JUNIOR MINERS "SHARE PRICES".
........Happy days ARE soon a coming.
Comment by
d22j on Mar 24, 2008 4:27pm
I want to believe you and sincerely hope you're right, however typically there is a sell off every April, as many investors subscribe to the "Go away in May - Come back on Labour Day" theory. Therefore, I don't believe that we'll see a significant rise in the price of Junior Miners shares until late in the 3rd quarter. For the record, I like your outlook better than mine.