Goldcorp Inc. GG Last: 25.50 Change: +0.54(+2.16%) Volume: 5.0 m DL 7/6/2007 12:03 PM Last Trade: 11:43
Well JULY is our month for GG/G.TO Gold !!!!!!
Bargain Buying: Use Seasonal Price Trends to Your Advantage GOLD-Centennial Precious Metals
One of the more intriguing curiosities of the current bull market in gold has to do with the annual buying opportunity which seems to crop up in the depths of the summer.
To make a long story short, gold purchases made in June and July proved very profitable by year-end, as shown in the annual price charts (see above and below)
GG is undervalued - oversold - Goldcorp Inc. (G : TSX : $25.33 | GG : NYSE : US$23.64) Slight change in estimates due to copper revision
Blackmont Capital suggests "buy", 12-month target price is $38.50
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