| Followers | 52 |
| Posts | 7849 |
| Boards Moderated | 2 |
| Alias Born | 07/15/2002 |
Friday, May 16, 2003 8:28:00 AM
tf... I took a small position yesterday because the stock was being beaten down by small trades-- reminiscent of Western Silver's little swoon below the three dollar level. If it doesn't recover, yes I will stop myself out.
However, I do have a price target of $360 for the PoG. Check out the HUI-- we have yet to see a parabolic rise so I don’t believe this rally is over. IMO, we'll see gold rise for at least another three weeks. Have you seen what the base metals are up to? It’s taking more greenbacks to buy the essentials and these are leading indicators.
Btw, as of today, Canico is now trading on the TSX.
However, I do have a price target of $360 for the PoG. Check out the HUI-- we have yet to see a parabolic rise so I don’t believe this rally is over. IMO, we'll see gold rise for at least another three weeks. Have you seen what the base metals are up to? It’s taking more greenbacks to buy the essentials and these are leading indicators.
Btw, as of today, Canico is now trading on the TSX.
FP........................................................
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