earnings estimates will be adjusted up soon as gold price stays firmly above $1300. Gold could also easily go over $1400 this week as market starting to see supply stocks dwindling. The phony paper gold market caused most of this fake crash in first place.
Well actually you were a bit conservative on your prediction....but good call nonetheless! It seems as if AUY is being held back at the $12.44 level...lot of shares showing up for sale at that price. Ooops...now I just read your post below...that is what I am counting on!! Loading up on RIO, NEM, FCX as well after all being beaten down this earnings. See how it plays out...Good Luck