Dispite all the posting I've not read ONE post that explains WHY this stock should be less. Did teh POG fall to $200, No. Did their mines fill in with sea water, No. Is the POG still set to keep on creeping up, YES. WAY over reacted, silly typical traders. I should have expected this, sold ealy and then bought more after the fall. Anyway I'm still holding on - NOT SELLING. See how the price held flat under very heavy trading? That's very confident smart money. In my opinion, I'd buy more at this bargain price because we are SURE to see near $3 again soon and when the POG moves next time the gap we saw up a few weeks ago will look like baby steps. (And hey, why else would the bashers still be around?)
"Veteran gold investors, like Bishop at Gold Mining Stock Report, acknowledge the price of gold needs to notch more gains to keep the high-fliers, well, flying. "Almost nothing in the gold stock sector is cheap at this time," he is telling clients. Yet Bishop is very optimistic that bullion will continue its slow march across the $300 level and beyond. "My expectation is that the days of gold trading below $300 are severely limited."
DROOY will be back up in a few ... good time to BUY!