PRX 0.00% 0.3¢ prodigy gold nl

rain on the way, page-13

  1. 1,669 Posts.
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    Helmenesh

    Thanks for the compliment, wish I was an expert in the POG. Chuk is "the man" in that department.

    From my point of view, there is buyer confidence coming back to the Gold Stocks, as the Gold price has improved. SLR and PIR have done well over the last few weeks, with SLR close to a 100% gain.

    ABU is sitting on a 38% gain at 2.9c.

    My feeling is that there may be some news floating around about ABU's trial mining results, or some of ABU's supportive brokers are drumming up business, or some of the big investors are following the buying lead of the director. There does seem to be some buying momentum other than just the improvement in the POG.

    I feel that when a positive announcement is made, hopefully soon, it may trigger a rush of new buying and ABU will push on above 3c?


    (But remember the battle hasn't been convincingly won yet, there are those who are still trying to push the POG lower, so being watchful is important)
 
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