Yeah, most declined last 3 months except Robex (RBX.V), Jilbey (JLB.V), African Metals (low volume, AFR.V), and, I must admit, Mano River (low volume, MNO.V). Great Quest (GQ.V), Red Back (RBI.V) and Orezone (OZN.TO) have managed to sustain "holding patterns" or "trading ranges", which in these dismal months also amounts to relative strength.
Congratulations to Trading Fool for picking Jilbey which seems to be skyrocketing up to this morning (without me; I'm plumbing the depths with St. Jude (SJD.V), Birim (BGI.TO), Cassidy (CDY.V) the moribund Akrokeri-Ashanti (AKR.V) and a few of the biggies).
I'm buying today. Some wise heads say "buy strength" but today I'll be buying low instead.
Most of the declines have followed about the same pattern. I think I "understand" them, except for St. Jude whose high-grade discoveries at Benso "should" be propelling it upwards instead of downwards. I figure some Birim investors are going to wait until after Bui discoveries are announced. And, again, what accounts for Jilbey last week?
FL
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