Interestedtoo,
"Most goldies look very oversold at present"
Agree.......SAR, NST, SLR, etc....
Tempted to average down myself (presently sitting at $0.55) - initially bought at $0.89 (about 12 months ago). My averaging down strategy has been of no benefit except for digging myself into a deeper hole.
The company isn't, at present, even paying a dividend.
Sure, things can turnaround quickly (and I hope they do), but be aware that the price can continue to drop.
Regards,
Randy.
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