Breaking above weekly trendlines here. Was surprised by today's move, now I know the reason why. Volume was rather light considering the tone of the article, but sellers were also absent. I still hold a large number of shares and on average this is probably 2-3% of my overall portfolio which is rather large given it's market cap. Will increase my holdings if/when the mine gets final permitting and moly prices are still strong.
As for the PMs I still continue to believe the best risk/reward is in the SA issues ST, IT, and LT here. I think the degree to which the Rand has fallen has kept some investors on the sidelines not wanting to buy near a perceived Rand/Gold peak. The first major dip will probably be bought hard. HMY is currently my largest holding.
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