Welcome To The Kimber Resources HUB On AGORACOM

Creating value through Exploration and Development in the Sierra Madre of Mexico

Free
Message: I,m a holder but

I hear ya; imagine having put everything in cef at the recent low in gold and then sat this out...

What do you think about the following?

What are you seeing in terms of volume on your PM stocks. What I think I am seeing is low volume.

I interpret this to mean that the hands now holding these stocks are strong; hopefully, these hands will hold now through the meltdown on the major indexes and form a floor for takeoff on the way up.

One thing I am wondering about is a timeline for the juniors to move back up. Various analysts have talked about a "V-shaped bottom" when these markets do hit bottom. I am hoping this means money will come back in quickly for select areas, PM's being one.

Of course, all of this supposes continued strenght and even acceleration in the gold price.

Any thoughts?

stone

Share
New Message
Please login to post a reply