I wouldn't like to think my post was a slight down ramp on the current anticipations of Burns drilling and each investor/punter have their set of objectives. I have noticed with a lot of speculative end of town, of which ORS I still personally consider due to the lack of income so far technically speaking, a spike in the SP is usually accompanied with quick profit taking on the news event and this can have a drastic effect short term. Hopefully January's spike have taken out all the stale bulls.
So far the rise has been steady and I like to think it is in anticipation of good cash flow. I am hoping as the POG continue to rally so will the valuation of SP.
http://www.bloomberg.com/news/2014-...as-assets-in-biggest-etf-erase-2014-drop.html
Maybe the sentiment towards gold has changed if we keep getting positive news out of US economy which has so far point to inflationary expectations sooner rather than later.
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I wouldn't like to think my post was a slight down ramp on the...
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