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San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
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Message: Comex Gold up $17

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Re: Comex Gold up $17

posted on Jul 01, 09 05:12PM

Hey Rookie,

I have held this stock for a couple of years now and still follow the daily fluctuations with great interest, sometimes i wish i had a better hobbie as this is neither as healthy as playing sports nor as productive as say woodworking, but heck it can be just as exciting ...depending on the value of the US dollar/gold of course heheh.

I would like to see some SP movement this summer (wouldnt we all!?) as I am somewhat fearful of a repeat of last fall, though ultimately i have faith that in the long run we have a solid investment. It may be wise to reduce my exposure somewhat. I, like you and many others, have been patiently waiting for the release of the bulk sample and 43-101 as well other NR's that could push SP. I dont plan on selling my core position (within my RRSP) for a long time but i am no savy day trader so i am waiting for these NR's before i rebalance and move into cash (outside of my RRSP).

Whatever the case I remain positive about this company despite the aforementioned issues pertaining to missed targets etc, but I am not so positive about the short term outlook of the broader stock market.

you can bet though, that if i do take some profits off the table that we will be due for a huge uptick in the price of gold, most likely the day after!!

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