All the gaps identified in early November (whether they were real or not) were filled during that 4 session tank from 13/12/07 to 18/12/07 & the rest is history.
It is again well worth looking at some info previously posted in mid November.
“Time to re-read a Financial Sense article from 2003:
http://www.financialsense.com/fsu/editorials/2003/1209.html
a snippet to get you focused:
~~~~~~~~~~~~~~~~~
"What I found was absolutely shocking. In 1975 most or all of the gold and silver stocks were trading under $2. Most were penny stocks under $.50. Even with gold up 400% from the 1972 low of $60 to the 1975 top of $200, most gold and silver shares did little to make anyone notice--especially the mass public who had no idea what was going on. It was not until gold bottomed out in late 1976 at $100 and into 1977 that gold and silver stocks started their historic bull market. It would end where some of the prices for gold and silver stocks were unthinkable only a few years earlier. I printed out stock tables from 1975 up until the January '80 top and was totally stunned at what I found. Let me give all you fellow gold and silver investors and people reading this essay who are thinking about buying some gold and silver shares a few of the many examples of the kind of gains that were made in the last gold and silver bull market a generation ago (before cell phones, the internet, and p4 computers) so you can have an example of the kind of gains we may see in the new gold and silver bull in the 21st century.
Lion Mines - 1975 price $.07 / 1980 price $380
YES, that’s right. It’s not a misprint. You could have bought 1000 shares of Lion Mines in 1975 for around $50 dollars at 7 cents per share and held on for 5 years riding the wild gold and silver bull until 1980 where you then sold those same shares for $380 each for a total profit of around $380,000. Not bad hey!!!!! This is only one of many more examples:
Bankeno - 1975 price $1.25 / 1980 price $430
Wharf Resources - 1975 price $.40 / 1980 price $560
Steep Rock - 1975 price $.93 / 1980 price $440
Mineral Resources - 1975 price $.60 / 1980 price $415
Azure Resources - 1975 price $.05 / 1980 price $109
~~~~~~~~~~~~~~~~~~~~~~~~~~
Is it approaching that time again???
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All the gaps identified in early November (whether they were...
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Mkt cap ! $213.6M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 607 | $1.65 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.76 | 372 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 607 | 1.650 |
1 | 100000 | 1.515 |
1 | 393 | 1.500 |
1 | 447 | 1.120 |
1 | 3000 | 1.000 |
Price($) | Vol. | No. |
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1.760 | 287 | 1 |
1.785 | 25000 | 1 |
1.790 | 11331 | 1 |
1.800 | 1880 | 1 |
1.950 | 3900 | 1 |
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