Looks very promising here as long as one holds PM stocks with staying power, cash, cashflow and huge upside such as ECU. Even the funds (Sprott and RBC precious metals) are doing well today and check out YRI. So many explorers are up 15% to 25%. We are all condiditoned to await the usuual downside at the hint of any euphoria of course. I keep thinking there will be profit takers but not so sure here as buying and volumes are strong and may absorb much selling.

Nova Gold is down 80% as it has pretty well run out of dough. This has affected ABX which is also down. Some of the big boys like ABX which are running out of high grade abd new production will be on the hunt. I'm sute ABX will get what's left of Novagld for a song. You don't suppose they would "influence" Nova down just for that purpose do you? Nah!

The good news however is plentiful and ECU has plenty of that.

Pic, relax, you will be singing like an Angel in your Christmas choir this year.