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  • j777options j777options Apr 29, 2011 2:13 PM Flag

    Gold up $13 to $1550: RBY yawns

    Art,
    The game has changed IMO look at AUY it had a high of $18 back in march 2008 and is now only $12.70. I remember getting in at $7.50 and out for a few $ and decided big money could be made in juniors. Well I was right to a degree but sold crg and uxg whoops to be concentrated on rby which I was hopeing would be the holy grail of juniors.
    It has done well but with soaring gold one would expect all gold stocks would be trading much higher. I expect one of our posters is right about cost of mining has soared as well and I also think the pe's have come down like auy's because investors are much more cautious after the "great fall" we had in the markets.

    I do believe that if gold stays $1400 plus all miners will start to crank out great $$ and the funds and public will start to accumulate and miners will lead the way.
    But what do I know? I'm on track for another 60% portfolio gain two years in a row but this year has made me work at it.
    GL2U

 
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0.0310.000(0.00%)Jan 11 4:07 PMEST