News Focus
News Focus
Followers 17
Posts 965
Boards Moderated 2
Alias Born 07/08/2002

Re: basserdan post# 397823

Friday, 06/03/2005 10:43:43 PM

Friday, June 03, 2005 10:43:43 PM

Post# of 704044
*** GPXM ***

FWIW. Chart is not coming thru w/notations. Sorry. Need to set to weekly mode and draw trendlines.

http://stockcharts.com/def/servlet/SC.web?c=gpxm,uu[r,a]waclyyay[pc50][vc60][iub14!la12,26,9!lg][J50...





Breaking above weekly trendlines here. Was surprised by today's move, now I know the reason why. Volume was rather light considering the tone of the article, but sellers were also absent. I still hold a large number of shares and on average this is probably 2-3% of my overall portfolio which is rather large given it's market cap. Will increase my holdings if/when the mine gets final permitting and moly prices are still strong.

As for the PMs I still continue to believe the best risk/reward is in the SA issues ST, IT, and LT here. I think the degree to which the Rand has fallen has kept some investors on the sidelines not wanting to buy near a perceived Rand/Gold peak. The first major dip will probably be bought hard. HMY is currently my largest holding.








Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today