I wouldn't throw in the towel just yet V. If Gold is truly ripping higher GDX should be on fire as it's forward looking. It actually sold off on the close last night to be up 1.4 per cent. I'd rather wait. If it goes to 1300 and BDR goes to 50 cents don't worry!
There will be an opportunity somewhere else. It's hard being patient, but I'd rather wait for the trade to come to me. I'm still holding a few other goldies waiting for a pullback to accumulate.
BDR Price at posting:
32.5¢ Sentiment: Hold Disclosure: Not Held
