Post by
Theckman1 on Jul 27, 2022 9:38pm
Sentiment
Amazing how sentiment can drive a sector and stock. Gold is actually (for now) acting much better than I thought with the latest US Fed news today. It may take time for the juniors to respond to this latest move in Gold, and they are usually the last to move (however, they have beaten down to extremes). Don't be surprised to see much volatility over the coming weeks, both in the metal and the junior resource stocks.
Me...I'm buying low, selling much higher. At 136k shares and going higher. Also buying a bit in GBRCF and MGLQF, and GBARF had a nice move today on production news. However, I see GMTN as the best value out there of all the juniors that I follow, and it dwarfs the shares I have in others.
All the best,