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Re: CPTMatt post# 32307

Monday, 04/18/2016 1:36:36 PM

Monday, April 18, 2016 1:36:36 PM

Post# of 35705
Yah. PRU.TO has definitely broken...

...the triangle. How could it not have with the rest of sector going bonkers? Dipped into my line of credit to buy more of this one.

Not totally celebrating has watched SBB.TO go from $.30 to 1.44 and didn't buy into strength. Also looked at bids in the $.50 range about two weeks ago on EXN.TO but was slammed at work and didn't pull trigger and then jumped to $.75 next day and missed that boat too. On the latter that is why I bought USA.TO and ASM.V although the fundamentals for these little silver producers are not as immediately strong as EXN.TO.

USA.TO may be a later-in-2016 story as they are guiding for $12 AISC in 2016 which is a huge transition from negative cash flow generation for last several years.

There are not many left that haven't moved and I think we're really looking a Explorers now. I have a few ideas on this I'm mulling.

Market also has digest these gains and they'll be given up if gold actually doesn't go higher here.

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