A bit of action happening today and yesterday with CRK. True very low volumes but at least there weren't any desperate sellers dumping their shares for peanuts. A couple of quite reasonable sales pushed the price up to 1.25.
I've actually acquired a few more lately.
What is more interesting is the new disconnect between major and junior golds and the rest of the market.
It has been a pattern for the last few months as we have all observed that if the market goes down the golds follow.
It's been irrational and frustrating but finally golds are beginning to be valued for their true worth. See how NCM fared today for example and several other small golds.
There's a lot of advice doing the rounds advising investors to buy up cheap gold stocks. If the big boys get more involved, as they are beginning to, then we may well be pleasantly surprised and rewarded for our patience.
The ten bagger competition on GOLD will start to make more sense then.
Also gold is making another sharp upward movement right now in London.
I think the gold bears will flee for the hills bruised.
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