gold looking good, page-45

The market is feeding on fear and irrational at present imo. Shareholders are battered and afraid and assuming something muct be wrong when nothing is wrong.

As an example, AXM fell from $1.40 in January to a low of 49.5c on the 11th. July. Today it has bounced to 70c.

What about IGR? Got sold off from 50 cents only a few weeks ago ( was over 70c not that long ago) to a low of 24.5c. But there is absolutely nothing wrong there. Today the company announced a 75% increase in the quality of its gold resources at one of its future open pit mines.

So why should there be anything wrong with MUN? If MUN was moving like it has been in recent months in complete contrast to other junior gold stocks then there is good reason to suspect a serious issue.

The somple fact is gold juniors have been irrationally sold off in my opinion and the baby is being thrown out with the bath water.