Once the CRB hit a low in early October we've been grinding back.

350 looks like a spot to watch for a reaction on HUI

http://www.StockSharePublishing.com/ChartL..._1162382215.png

I like to worry about stuff. What I'm worried about now is participation in this here PMS rally. Why isn't BeGO joining in? There are others. MDG for one. Sure my faves AEM and SLW are up up and away and yet I worry.

looks to me like some shares are bottoming and others are in later stages of wave 3 up. all dogs will bark, as the market continues its parabolic towards 800 in the 1st quarter. no margin. just fasten your seat belt and hold on. w/a fleet in the persian gulf and one in the red sea, there is tension and this isnt lost on folks in the region.
also, w/the economy slowing (evidenced by the gdp released friday) something is going to have to give. the economy is the one spot where the administration is pointing to as a success story. is volker the fed head or is it bernake?! what is your guess for the outcome. dharma

my canadian royalty trusts are getting taken behind the shed! dharma

Eventually, these will go bananas.....

this explains the slaughter in the canadian royalty trusts.
http://today.reuters.com/news/articleinves...TS-UPDATE-2.XML
dharma

dharma .. re: trusts; Any chance this won't actually happen ? If the roar is loud enough, any buys while this uncertain bleeding is occuring would be especially profitable. I don't know, just wondering in a skeptical sort of way.

Good luck

MNG is going much higher in good time.

mng is a stud!
hadjin, not really up on canadian politics, but i think harper assured everyone, while running, that he wouldnt raise taxes. taxes definitely make them less attractive. oil is not going to stay @ these levels very long. seems like longer term these should be a good buy.?!
this is a key pivot for gold, above here and its blue skies. this area is resistance. dharma

hadjin, i feel that these crt are getting into bargain territory. the nervous nellies will be out shortly, setting up a good op.
ps this is the one place where small investors could go and get a fair shake. profits were shared and the executives had reins on salaries.
dharma

I am not quite understanding the spread between TRE and TNX.to.

One is in US dollars, one in canadian.

I understood that but is the Can$ worth so much more? Doesn't matter I can't trade in the .to from my account.

TNX.to closed at 7.24
TRE closed at 6.40

Canadian dollar currently worth about 88.3 cents american.

7.24 * .883 = 6.39

Looks perfect, give or take a penny.

Thanks Ander. I have this stupidity thing going on, can't shake it.

I would advise beer, in large quantities. It doesn't make you any less stupid, but you appear not to notice it anymore. Works for my friends, at least. Or, if you don't like beer, go into politics.

I'm dong BGO also and not happy with the way price has been behaving.

Beginning to dawn on me that their large Ruski exposure may be holding them back.

Thinking of rolling the money into something else.

Would you recommed Bud Dummer instead of the Bud Weiser brand?

Interesting volume and close came into AUY today

http://www.StockSharePublishing.com/ChartL..._1162442635.png

AZK could be tipping bullish with a recent wide spread day
http://www.StockSharePublishing.com/ChartL..._1162443294.png

Ha ha! Good one, but oh oh now you've gone and done it...

HOW BEER MAKES YOU SMARTER.

my Eurozinc mining EZM chart went off the books and is now incorporated into LMC

"RENO, NV (Mineweb.com) --Teck Cominco executives Tuesday forecast that world zinc stocks will contain only 11 days of supply by the end of this year, and may sink so low that it could “constrain metals consumption.”

In a conference call to discuss third-quarter financial results, the Vancouver-based miner also noted that lead LME stocks have declined to only two days of global consumption. "

TCK has two zinc mines. Earnings were reported and the stock sold today

AAU Almaden miners on watch above 2.60

http://www.StockSharePublishing.com/ChartL..._1162448297.png

GBN breaks through the 1.75 line
http://www.StockSharePublishing.com/ChartL..._1162449161.png

IAU gold ETF breaks through a tad of resist

http://www.StockSharePublishing.com/ChartL..._1162449332.png

along with GLD
http://www.StockSharePublishing.com/ChartL..._1162449382.png

AUY is still on the move

http://www.StockSharePublishing.com/ChartL..._1162488108.png

Gold and silver making a nice showing the last couple of days and the miners acting in concert except for DROOY. To many hands in the till there, they call them 'operating costs'

Target XAU 150-ish.

Hands off my gold!

That ought to be our "Thread Photo" .. lol

The stocks looked like they wanted to correct, but the metals wont let them!

Do you hear all the bells ringing?

Hey, that sounds great, just keep you eyes off that babe.

Probably.

145 seems like a sure thing.

We may be in a small 4th wave correction that could take XAU back below 135 and HUI below 315.

Anybody like GFI here?

TIA

Metalline mining - I think they are in Nevada.
MMGG.OB

http://www.StockSharePublishing.com/ChartL..._1162530072.png

You must get your head into the ups and downs of trading ranges to survive

is that an understatement with TRE

It's back to Jan. 3 2006 level
http://www.StockSharePublishing.com/ChartL..._1162530380.png

The risk appears to be low, but it's also lagging. Probably a candidate for rotation in the near future.

Miramar:

It may be tracing out a 5th wave ending diagonal on the weekly chart.

If so, the lower and upper trendlines should provide entry and exit points.

Frankly, not me.

It appears to have support at $16.00.

But with so many miners showing price trendline breakouts, MACD positive divergeces and subsequent moves above the zero line, and Aroon and P&F breakouts---why try to catch a falling knife?

Yeah, there are a few falling knives out there. I own some of them

I figure many of them will not get active until 360+. Sometimes it seems we actually have to see new territory each medium gold rally before some of the pennies move off their lows.

That is one reason I saw Oct as the low, because the pennies were putting in brand new lows - lower lows than in June. One usually sees these depressing washouts at bottoms of the cycle. The pennies that get wiped out then don't see any action until they see they all clear signs - which often don't happen until many of the majors have already seen 50% moves.

I don't fully understand some of the stock action in relation to the gold indices. For instance for the 2005 to 2006 rally, KGC was a laggard. Now it seems to be a leader. I have know idea why that is.

I think I'm going to dump GSS. Just isn't acting right. They still are raising money.

At least GFI pays a dividend but it mines in South Africa which is always a bit scary. It could be played for a gap fill above $19.

SLW earnings:

Up 251% over last year.
10 cents a share for the quarter.

hi guys, came to scottsdale yesterday for a long weekend.
some thoughts:
yes i like smscs avatar as the poster child for this forum!
when the metals topped in jan 80, the shares continued higher for the next 8 months, and that was when the really big gains were made.
we are in a big wave 3 in the metals and miners, so rapid appreciation is the name of the game here.
i think most folks are looking for a pullback or correction, or the 560 lows to be taken out. fwiw, it looks to me like the lows are in. my take is we are in a parabolic and these last 6 months or so is a base to launch a move to 800s.
i had gfi and sold it for nak and mfn. decided to remain only in miners that are in n.america. problems will appear in other areas as we progress. its the nature of the beast.
dont be eager to part w/your shares, the next few months should be parabolic. and the longer the gold prices stay high, the more the producing miners will make! dharma

dharma ..I really like Scottsdale; enjoy. Also like your miners prognostication..

biggest volumne yet in gdx, portends higher prices! dharma

Anyone have any ideas about VGZ? I am at an impasse...should I hold on to all my shares? or Sell part?
I guess I not smart enough to figure out, if its going to bounce up after 11/7 fund raiser ends or what?
This "change" and funding caught its stock holders by surprise...
Any thoughts and analysis would be greatly appreciated.

It depends on how long it takes VGZ to recoup its investment money. In this sector any long term hold should gain since we are in a young bull market. It depends if you want to hold until their mines produce.

ready to rock...22.00 should be the target you are looking for.
buy on weakness at ~ 17.00 sets up a nice risk:reward trade.

Clive Roffey was writing about the SA's the other day.....

Charmin:
I started looking into zinc plays when you mentioned EZM last week.
The price movements of zinc and lead are very bullish, I think there are both fundamental and technical reasons for zinc and lead to go even higher.
If someone can comment on zinc and lead, it will certainly help.
I did not buy LUN.TO because my account does not allow trading of Canadian shares. I bought TCK and BWLRF (BWR.TO) instead. Both of them have very low PE.
TCK sold yesterday probably because they earned 2.34 but the average target was 2.65. But in the note of the result announcement they said, because of bad weather they will book net income from SHIPPED product of $82 million in the next two quarters. This amounts to 38 cents per share and would have given them 2.72 for the quarter.
So technically they missed but the profit is there, it is just deferred. They also gave strong guidance for prices in the fourth quarter.

Thanks gamma, I'm glad some of you out there really dig into the fundamentals of these companies. I can't seem to get my head into it. Charts are enough.

AUY rocking so far
http://www.StockSharePublishing.com/ChartL..._1162613325.png