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GoldenKnight

01/08/09 1:38 PM

#11229 RE: tiesto #11224

Looks like you are in a good position to take advantage of some of the short-term entry points that will be gifted us (and will be great to hold for as long as we can resist the temptation to take profits (technical analysis can help keep emotions at bay)).

I do pretty well w/ price, but time is harder although "I'm making strides".

SMC: My WAG .. I stress WAG, is $3.50 for SMC this year. Big important gap at 3.50 - 3.60 area (1 of the rainest year in costa rican history washed away poor ole bella vista and POOF went the share price). This depends on them successfully delivering on their recent forecast to have Orosi ounces poured in Q4/09 (which implies a whole lot of good news between then and now).

CXZ WAG: $2.10, possibly just $1.00.

Eventually I believe both will make new highs, which implies much higher prices .. but you are asking within 12 months, and that makes it hard (more work to measure cycles/waves than I can do in a few minutes..even then not sure I'd trust my results as I am just an apprentice at that). It's clear a lot of things are lining up for gold/uranium that indicate a strong move is imminent. Also we are moving to more a more mature stage of this commodity bull (recognition on a WORLD-scale [NOTE: by the final stage maybe my fellow Americans will wake up too, hahaha]), so the waves up will occur faster than in the past. Combine that with these absolute ridiculous valuations and we have our no brainer gift prices. Many don't have the cash to take advantage of these prices...