Wednesday, April 23, 2008 12:18:18 AM
Consider the requests passed along..... cost per ounce, cost of sales, purity, selling price and salaries........Maybe someone has an apples to apples comp. for SG. I don't. As Examples of Downtrends of gold cos. I know Kodiak and Pediment charts look lousy. They aren't producers yet, they aren't lousy companies, they are well funded, news is put out regularly, but share price is in the tank. They are drilling, that takes time, and it's reflected in pps. PEZ is late on the 43-101. KXL won 2007 discovery of the year. According to seasonals Gold is likely headed for it's slow season. << So regulate the buying with smaller buys or no buys at all on SG. This is a good time not to help the seller. >> The recent price action, the bottom bollinger band opening, the bearish engulfing, the 20 day ema has crossed the 50 day and the 100 day, the close at the LOD all look nasty. Play the game with the seller/s and make them drop the price or wait on a bounce to start selling again. There just might be shares available super cheap if the seller/s have many more shares. Based on recent volumn it would appears staggering your buys is safer.
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