phil i agree sentiment toward gold shares has changed, anyone...

phil i agree sentiment toward gold shares has changed, anyone who has bought in the last 6 or so months and not sold is sitting on at least about a 15-20% loss. the weaker players and traders have been stopped out. it will take a while before they are confident to put their money in again - they will probably take the plunge again when gold clears 430. in the meantime look at the volume going through oxr today. i'm sure there were plenty of critics shorting it but it kept going up. so did the hui and the xau last night. gold shares generally precede a move in the metal.