Look at the rise in stock prices of some large, mid-tier, and junior gold companies
An article from Mineweb take a close look at the some gold stocks that have performed very well since June. Usually the summer months are tough on precious metal stocks however since these stocks have been beaten down so badly over the past year that there is significant upside even after this recent recovery. Everyone says the majors recover first, then the money flow into the mid-tier companies, and finally into the juniors. We still have a long way to go for the money to reach the juniors, but as we have been saying for over a month now, if you are selective in the precious metals stocks there are some big gains to be had currently. Hopefully the money keeps coming back into the precious metal stocks.
Big gains.
Big losses.
The sector does not have the protection of the investor at heart so it is a real gamble to invest in this sector.
Just sold shares to crystallize some of the profound losses suffered in the last two year.
This industry uses the public and with rare exception will you invest in a great company that has a business model with the shareholder in mind.
I am going to agree with you, matt
Al:
Not sure where to put this but New Zealand Energy and Passport Potash have had the crap beat out of them. My bet is naked shorting, but my second bet is that someone wants these shares cheap. Nothing has happened justifying these attacks. Do the companies have any explanation as to who are the evil doers and how to combat them?
Yes Midas Gold is up 100% from it lows over the past few days.I like PGD,MAX,NES and ZEX. I will bet 100% to 1000% is in store for these JRs
James