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Message: Re: aumn/aum - AR, CXX

Sep 14, 2012 09:13AM

Sep 14, 2012 09:30AM

Sep 14, 2012 11:29AM

Sep 14, 2012 12:04PM

AR has a fantastic chart, but I've been concentrating on the beat up names - I think they have more bang for the buck potential right now.

As for CXX, you are right - there is no proof that it's bottomed. I simply believe that the market has switched to risk-on, so I give the benefit of the doubt to any junior that has apparently stopped going down and not made a new low in the last month or so. Still, I wouldn't buy it until it starts to tick up on increased volume - there are plenty of juniors doing just that.

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