A lot of these fairly crappy gold stocks have gone up ......

  1. 32,573 Posts.
    A lot of these fairly crappy gold stocks have gone up ... because the PoG has gone up and $1400 is not out of the question. Not rocket science.

    Rising PoG over $1400 is of most benefit to the SP of the highest cost producers who suddenly become profitable.

    So TAM, SAR, RMS, PRU even FML finally kicked some goals. But it's all down to gold price, not quality of the coys.

    If PoG does fall back don't stand near the exits. :>

 
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