Which means they are very, very nervous and should be. Fed go-slow approach to interest-rate increases and nervousness over the Greece default/Grexit from the euro will propel gold and ABX higher. Should be back above 13 in a few weeks, maybe sooner. If we can break thru resistance in the 13.50 area, we could scoot to 15-16 pretty quickly. Good luck, longs! Base positions established in the 11.25 to 11.75 area will prove very profitable long term. Be patient The time to buy is when nobody wants the yellow stuff.
Been watching this stock for a couple of years, and today's dip seems to offer an excellent entry point. Picked up 10,000 shares at an average cost of 10.51. Don't understand why everyone is racing for the exits. Last earnings report seemed pretty good to me, and the guidance was decent, even if a bit conservative So let the party begin! :)