I don't want to burst anyone's bubble but gold stocks for a year now has not been operating dependent on its fundamentals to a certain extent. Those looking to guess the bottom of the stock of interest should perhaps take directions from the POG the ultimate driver of sentiment.
1215$ is where I am willing to wait before deciding to start looking. The worse I can do is not profit if there is reversal at the expense of not getting capital destroyed. Throwing it into "long term" AFTER you have entered with a different time horizons is the same as HOPE. Just ask those "investors" me included what happened when they don't get out after April 2013 stop in POG.
SLR Price at posting:
33.5¢ Sentiment: None Disclosure: Not Held
