Replies to post #31114 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[JDUser1963]

No. It will drop again a few more times.. before it fully consolidates. Mid .80's most likely... I like it to be around $3.00 by end of Q4. ANV seems to be the one with real legs right now, and still climbing. They made money last year and are on pace to make more this year. This whole political Congo thing about BAA is what is killing it. GG also has mines in the Cogo but I think people are less skeptical because GG has mines everywhere else as well. All the eggs are in one basket for BAA. High risk.

[RBKissMyAs]

Edited...Using my totally useless chart, I see it did hit 1.03 four days ago slightly breaking resistance. Actually, the chart looks good for this thing. It's closed it's gaps and there's really no un-traced territory below. I should add that I think it could dip to .85ish if the DOW drags everything down.

[investorwisdom]

Banro is the hottest gold stock, once the sector heats up, it's not going to slowly rise but excel past all others in terms of return and price appreciation. Soon it will regain dominance as leader of the pack