Support in the 12's? Not with the gold price in protracted decline ... This may continue to surprise (and exacerbate some) on the downside. I have my buy orders staggered at sub $11 and sub $10. Sure, they may not get filled and if so, no worries as nothing will be lost. And if they get filled I reckon it will be close to rock stoney bottom .. a risk price I can live with.
This is the only way to play this beast of a stock. Watch it like a hawk or it will rip your guts out. But there's money to be made for the nimble of foot.
Buy and Hold? No waaaay! Never, ever never .... esp. with Ncm
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