Re: Markets open Monday
in response to
by
posted on
Dec 27, 2009 05:06PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Sinbad. Are you meaning a newsletter? I had subscribed to Greg McCoaches for a while. Hard to say if it was worth the money or not, as I had it as the Jr market really took a tumble, tho CGC is one I still own from it and it hit new highs earlier. I do know that when he gave a stock as a reccomendation, it often spiked in price as subscribers jumped in. I did that once, just to see if it would work, and still own some KRR ata fraction of my purchase price. (maybe 2010 will be it's year??). I think he would buy his position and then reccomend it, ensuring a short term profit. Anyhow, I think that someone like that will help support the SP somewhat, but in the long run it will be the results we get from the drill and management. And the pop we get from anything like this would make for good movement for short term traders.
As to Montrose's comments, I am firmly in the camp that POG factors very little in our SP. If the whole Jr mining sector lifts, it will help a bit. If I was convinced POG was going up 20%, I'd buy ABX or some other producer. I do like the look of the chart now, a spike off the bottom in high volume.
Cheers!