InvestorsHub Logo
Followers 1
Posts 70
Boards Moderated 0
Alias Born 11/19/2012

Re: enim post# 1755

Friday, 04/19/2013 1:11:55 PM

Friday, April 19, 2013 1:11:55 PM

Post# of 4911
I concur -- hang in there -- I am in a whole lot deeper than most of you..Dan is affiliated with Stansberry Associates..his mantra is essentially, "slow and steady wins the race." If you are a shareholder looking for a killing to occur within the next 6 months, you are in denial. The mining industry has peaked out due to the very high cost of gold production, $1100-$1200/oz. The biggies, like Barrick and Newmont are hitting three year lows with plummeting eps numbers.. they all got way ahead of themselves.. no different than the housing bubble or any bubble for that matter.

Further, the imbecile in office is sitting on a bunch of nat gas permits that would allow for cheap energy which, in turn, would jolt the mining industry worldwide..

Why post updates the site when there will be little pop to affect the stock?? Very few people are looking at "gold" right now except for Goldcorp perhaps..

Just my take. Other thoughts?