While I don’t think technical analysis is critical in penny stocks, the trading action in GIX of late is very constructive. After a run-up on tremendous volume in 2011 (Point A), followed by cratering back like so many other juniors did in 2011, a marked increase in volume with big blocks crossing is setting us [...]
I failed to include this report on GIX in my update earlier today gix Like SGC, GIX is quite undervalued given how far advance their key project is and potential game-changing news coming in the not-too-distant future. With no special insight or comment from management, I think GIX is a primed takeover candidate if the [...]
This morning’s news release reporting more strong gold drill results from the Gupo Gold deposit once again demonstrates the impressive value of Sunridge’s deposits in Eritrea. Sunridge Management considers Gupo Gold secondary when compared to the other 3 deposits the company is developing, yet it has the potential offer early low cost gold production for [...]
U.S. Stock Market – With QE 2.5 announced yesterday, I continue to believe the least resistance for the stock market until further notice is up. I’m by no means a bull, but it’s not what you make at times but what you don’t lose (and bears have been getting killed shorting since 2009) that matters [...]
I was sent the audio of my keynote speech in Vancouver this pass Sunday.
