sp prognosis, page-3

Although a good quantity went through at 4.7c today, to buy a decent package on market now you would be needing to spend 5.5c. VWAP would be around 4.8c.

BSR is primed to fly in the event of a good announcement though, I wouldn't be surprised to see the SP return to 6.5c or higher in a single day.

Gold stocks are rebounding hard across the board. Over my 5 held in Super (IGR, KCN, PRU, SLR, TRY) they are up over 5% (Average on my holdings).

We've seen what looked like capitulation in Gold stocks in the last couple of weeks and on some measurements they were as cheap as the low seen in late 2008.

Even if the rest of the markets continue lower, there is the potential that Gold stocks buck the trend if the physical price of Gold holds above US$1500.