Further evidence of sentiment change in PM's

First Mining Gold

First Mining is a mineral property holding company whose principal business activity is to acquire high quality mineral assets with a focus in the Americas. The Company currently holds a portfolio of 21 mineral assets in Canada, Mexico and the U.S.A.

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Spookey

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Further evidence of sentiment change in PM's

posted on May 19, 2012 05:49AM

This article from Adam Hamilton reinforces analysis in previous message ("Spot on forecast").

"Gold Stock Capitulation"

http://321gold.com/editorials/hamilton/hamilton051812.html

To read Adam Hamilton, sit down with your favourite tipple as he goes "on and on" with analysis! However in this article the first few paragraphs say it all, so no need to plough through!

Gold did hit 1526 slightly above target in article in previous posting. The question - Was this the bottom? Well we shall have to wait a bit longer for confirmation of that. However Hamilton's article rather indicates that we have seen bottom on this cycle. The other point is that 1526 was showing a triple bottom on the charts.

GCU should be in the vanguard of any up move in PM market-they have the goods IMO!

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