You're thinking too much Colinchi.....and if you are buying gold stocks you are trying to catch the knife.
Don't worry too muich about why, just react to what's happening. Nobody said LT holders have to ride up and down with the stock. Sell high buy low. What's high and low....charts will give you a hint.
I'd be happy buying GRY at 19.5 as much as I'd be happy with PVM at 33.
The more I look at the Gold futures chart, the more I like the reversal bar from yesterday.
Sory I sound like I know what I'm talking about but I really don't, I'm just trying to fill in time lol
GRY Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held