Yup, don't expect a move up to a new range on these numbers. I was looking at the NR, then looking at the price action recently as well as recent writeups on stockigloo, and decided that the production downgrade was known about for about a month now... thus the .42-.52 range. Narrowing down over time as the information got out, of course. Seems logical, doesn't it?

Anyway, happy to hold onto my cheap shares for now.

But the Hindenburg Omen in Friday's market, plus the H&S completion, plus the Presidential cycle usually seeing a 10-20% correction through the Aug & Sept of the midterm election year, are telling me to get out into cash. I have about 18% cash now, but will be looking to halve my Century position (which was bloated due to buying low recently), and eliminate another short-term flip position I picked up Friday, so that I can get to at least 30% cash, maybe even hedge by shorting the S&P.

Mature gold stocks might not get beaten down too much as it's also prime buying season... but the juniors, and high-risk plays like CMM, might take it in the chin over the next 8 weeks.

I could be disastrously wrong, of course.