CTO 11.1% 0.4¢ citigold corporation limited

bullish quarterly , page-16

  1. 24,765 Posts.
    Stratovarious, imo the market will know well before the end of October that there has been increased and consistent production during the September quarter.

    The market will imo be able to work this out well before the end of October by announcements that CTO will I expect make well before then, such as announcing that the power supply has been tripled etc. etc. etc.

    Actually, while pointing out the market's "extreme and overdone negativity for P.M stocks" imo you revealed similar negative sentiment yourself by posting, and I quote:

    "However prices may go over $1000 an Ounce by end of May, but this is not enough time for Gold Juniors to react, as there still is extreme and overdone negativity for P.M stocks."

    Comment:

    This is what negativity is all about. By suggesting above that a rise in the price of gold from US$850 to over US$1000 "by the end of May" is "not enough time for Gold Juniors to react" is surely also what someone, even if they think they are positive, would believe if they are in reality negative.

    It's accepting imo that very negative market sentiment toward gold stocks will just continue. That next time gold stages a significant run up it will do nothing for gold juniors because it didn't do anything much last time.

    In other wqords, imo, being conditioned by the market's past negativity to expect that negativity to apply again when the price moves in gold should be bullish for gold juniors.
 
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