Equity Technologies & Resources (fka ETCR)

[Hitbodedut]

Loki - Gold stocks are strange animals. About 1-2 years ago they started there move. They were all hedged so that was + - in all cases. BGO took off from pennies to $4+ and then backed down to $1.75 a few months back. It has since rebounded to 2.70 or so. I like BGO as a momo play, NEM is a long term, GSS is good for 3-5% on a good day. Like any stock you have to catch somewhat of a bottom and take the % on a good day run. But I don't know that much about the actual nitty gritty of miningand with the cost of oil going up I'm sure it bites into the profits. I'll say this much, good to own plain bullion. A few ounces as a hedge against world chaos.