re: lsg/kcn/oxr - for acturtle
I suppose we all should be aware that one day gold stocks will (may?) be re rated in line with the POG.
Is that beginning to happen with OXR?
It does seem that it's price if relatively high for what it presently has. Of course we could speculate that institutional investors are taking the long term potential of OXR into account and that is what is giving the price it's momentum. However I'm sure that view would also include some sentiment about gold.
When(if) re-rating commences retracements and entry points will be affected.
lrj
LSG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held