GOLDBUGS AMEX Goldbugs Index (GOLD): No. It will drop again a few more times....

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GOLDBUGS AMEX Goldbugs Index (GOLD)

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Re: Sparks111111 post# 31114

Thursday, 08/22/2013 11:20:25 AM

Thursday, August 22, 2013 11:20:25 AM

No. It will drop again a few more times.. before it fully consolidates. Mid .80's most likely... I like it to be around $3.00 by end of Q4. ANV seems to be the one with real legs right now, and still climbing. They made money last year and are on pace to make more this year. This whole political Congo thing about BAA is what is killing it. GG also has mines in the Cogo but I think people are less skeptical because GG has mines everywhere else as well. All the eggs are in one basket for BAA. High risk.

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