Voltalia Ord Shs VLTAF

near term bearish picture for POG

[ALLEN4]

see article below

https://www.kitco.com/ind/Maund/20120620_gold.html

[gold_diggers1]

That will be good for VTR then.... 'cause VTR is usually bucking the POG trend.  Isn't that right, explorer14? . I don't see support for VTR even at these $.70s levels..... What the heck?!   Where are the big players, why not continue to scoop up cheap shares? . GLTA

[explorer14]

Better to have a little talk with your wife first. LOL>

[gold_diggers1]

explorer14 - "Better to have a little talk with your wife first" . Well, VTR better hold or move up from here.... or a little talk with mama just won't do... LOL.... . GLTA  

[gold_diggers1]

Maybe that is why POG has dropped so much today, especially when the Fed only talked about extending Op Twist instead of a QE3? . I think the longs here have to dig into long trenches for a while.... do not expect to see anything close to $1.50 - $2.00 this year.   I know ALLEN4 cited over $1.00 this September, but unfortunately, current market climate not allowing that to happen.... But

[ALLEN4]

That's plus $1.50 and rising by September, but over $1.00 in a few weeks.  Scotia puts out alerts and there was an alert for VTR the day before yesterday, saying "short-term bullsih" with the target level $1.02 to $1.09.  Short-term usually means a few weeks.  The share price moves around very quckly, its reasonable to have much higher expectations.  So many

[ALLEN4]

that's short-term bullish not short-term bull%&*$

[gold_diggers1]

ALLEN4 - "...That's plus $1.50 and rising by September, but over $1.00 in a few weeks...." . wow, do you have any conditions attached to the above?  I just cannot see it happening because of current market malaise in the mining sector, especially the gold sector and its juniors....  Even the big players are letting VTR to slide so that they can buy more at $.50, $.40,

[VentureTrader1]

It seems to track the TSX-V more than anything else, and the TSX-V is all down for the foreseeable future, as long as the banks and governments are insolvent (which will be for the forseeable future).   Even with 35 Million in the bank VTR will probably run out of money and be forced into another financing next year at .30 before any buying occurs (if ever) the way this is going.