News: KCN Kingsgate Consolidated Ltd Says Licences Now Approved For Chatree Gold Mine..., page-22

good news....this decline together with the decline in major gold stocks eg NCM, NST and EVN down 3% + may be a LT bottom based on the Ski gold stock trading system I follow, and which is worth subscribing too.

The Ski system is close to calling a "triple Buy". the Ski methodology is complex so you need to go the Ski website for free preview to understand

A triple buy was called in 2002. the USERX index ( a US Based gold equity managed Fund) was $4 then and topped out at $18 in Feb 2006.

NCM rallied from $3 to $25 in the same time period.and KCN rallied around 500%.

This potential Ski signal coincides with the Armstrong gold prediction of a 3 year gold rally to over $5000. At $5000 NCM would be making $8billion a year and a market cap over $100billion or 5 times the current valuation. KCN has much greater upside, esp if it keeps control of Chile, , so $20 plus is possible.

Another indicator of LT bottom is the complete collapse in buying interest in gold juniors with quality development assets.

So hang on to your hats...the next few years will be a runaway gold equity bull market which has to be sold at some point, which is why i use a system like Ski to give me sell signals as well.