Comment by
Golfcar72 on Jul 16, 2012 5:56pm
Wow, looks like normal & non-manipulative equity trading. This should be the norm, not the 5 million shares a day bull-hockey we saw in the spring.
Comment by
Nomad3 on Jul 16, 2012 6:35pm
with all the major consolidations in gold stocks over the last year, they are now sitting primed to explode. Gold should move higher till november. I dont see lsg much below these levels and once gold crosses 1650 it will run and LSG and the hundreds of other value miners out there will follow right behind.
Comment by
kaiserwongze on Jul 16, 2012 6:52pm
A couple minor postiive things to notice. 1. This is the third attempted rally in LSG to sustain the 1.00 area since April, and so far it has lasted 9 trading days, the last one in June lasted 7. 2. LSG has also outperformed the broader $HUI index and the GDXJ since early July. Of course, this stuff is all pretty minor, but what the hey.
Comment by
Shlinker_ on Jul 17, 2012 12:54am
I think a little consolidation before a bull-run, 1.50 in the next 2 months isnt a far cry. Good post kaiser, comparing to the ETF world can be a another valuable tool indeed.