parrot, my reply was regarding a previous post wondering why cto is in a downtrend and i stated one of the facts, of course there are more important reasons why CTO is not in favour with buyers at the present however the FACT that i stated, in real terms, the price of gold in aussie dollars is not at its previous highs, so basically, the value of gold companies are not increasing with comparative gains to the price of gold in US dollars. You may then ask me why gold companies are rising, well thats because in march they were priced in fear of a depression, now they are being revalued because we are pricing for a recovery, i can tell you now parrot that gold stocks would be a lot higher currently if the aussie dollar was still at 80c..Gold stocks are merely going along with the general market. What i AM saying is that gold stocks should not being going through the roof
perhaps you should be careful when implying that i am unaware of other gold stocks and their trends at the current time and to "open my eyes", this is a CTO forum and it does not cover all gold stocks...of course all cto followers know why there shares are in a downtrend, i was looking outside the box parrot, and some technical and fundamental reasons as to what else may be contributing to their SP, the market is not always correct
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