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Re: AugustaFriends post# 294314

Sunday, 01/19/2014 7:00:53 PM

Sunday, January 19, 2014 7:00:53 PM

Post# of 721114
I say we just let it play out and see what happens. I am liking gold but just because gold is up we can forget how bad the last year has been for many of these names. Many of these names have seen cost go up. They have had to take on debt. They have had to issue shares. They have seen lower gold prices. All I am saying is just because gold is up it is not like everything is all fine and dandy all of a sudden. Like I have said for the last 2 months I think 4Q will tell us what kind of shape many of these gold plays are in. Can these names have a bump due to gold prices being up I would say probably. But that does not mean They all of a sudden turned around overnight. I am still in IAG but I am still being very careful with gold here. Lets just take it one day at a time with the metals. I think this next Q will help us understand a lot more with many of these plays and how they are doing.

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