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AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

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

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thomas4124

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

in response to Re: More Evidence That Junior Gold Stock will be Market Leaders by mootsweazy

posted on Feb 26, 08 11:24AM

The seasonal chart doesn't suggest that gold stock always hit their highs in February. They only suggest that their is a high probability of gold stocks going up between Oct and Feb. You should note that VIT has peaked out at different times between Oct and Feb almost every year. If you had been a trader, you certainly could have taken profits near the upside target I mentioned.

What's different this time around, is that junior gold stocks for the most part have gone down over the past year or more, and now we are just getting a buy signal on the whole group. Companies like Victoria that have a lot of things going for them, IMO, will continue to outperform the majority of junior gold stocks. How high they go from here will be a function of drilling results and how greedy investors become in the junior sector. There in no telling at this point where VIT's will eventually peark out - a lot higher than most optimist think IMO.

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