ORIONS Money Stocks

[Sumdude]

$VGZ chart looks good but use caution VGZ is a non producing cash burning entity at current. meaning.. they have no mine in operation.

they don't have any debt, but from what I can see they are funding via dilution. they are currently doing a feasibility study.

not saying you cant make a quick buck maybe on a trade but there is no current substance behind VGZ securities. if the study comes back good ( which I have no idea when they'll complete it) then you can bet they'll be piling on debt like crazy to begin mining unless they are in the business of just selling properties which I did see some evidence of.

if you trade purely technical this would be the stock to experiment with I guess.

good luck just don't get caught holding. (my 2 cents anyway) nothing fundamental holding the stock up.