Tetlom i too have been burnt by the gold shakeout with most...

Tetlom i too have been burnt by the gold shakeout with most recent buy at 54c . thought that was cheap and halved my dollars.
The big thing with the gold space will be what the POG does.
for every 10 articles you read some say up, some say down ,and a few say sideways. so even the pro's dont know whats going on atm
The ten year trend line looks good but the 20 year line shows a few periods where it goes sideways. not as convincing.
If gold recovers the spec end of the market will only follow for stocks who are cashed up, have a decent resource and have passed the feasability stage with production not too far away. the others i believe will be gobbled up by bigger fish in the pond.
i think GRY ticks most of these boxes . I pray for recovery too. good luck with your trading