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Message: More Evidence That Junior Gold Stock will be Market Leaders

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thomas4124

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More Evidence That Junior Gold Stock will be Market Leaders

posted on Feb 25, 08 08:34AM

2/25/08 Point and Figure chart shows we are back in a column of 'x's', indicating that demand is back in control for Junior gold stocks relative to the price of gold bullion. We are on the verge of a double top buy signal. I have been aggressively buying favored junior gold stocks into recent weakness.
2/15/08 This is a ratio of Canadian Gold Stock Performance Relative to the Gold Bullion Exchange Traded Fund GLD. Currently, this charts reflects the fact that Junior Gold stocks have substantially underperformed the gold bullion ETF. A print at 2950 would represent a double top buy signal - a point where we would expect junior gold stock to begin to outperform the gold bullion ETF.

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Like Victoria Gold Corp? Then you might also be interested in McLaren Resources

McLaren Resources

Blue Quartz Property surrounded by numerous past and presently productive gold mines
Black Fox mine (Brigus Gold), the Hislop mine ( St Andrews Goldfields)
Recent Drill Results include 63m of 1.21 g\t gold and 2m of 13.95 g/t gold

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