Of course it goes both ways.........that doesn't need to be...

Of course it goes both ways.........that doesn't need to be said. We all know it's a very illiquid stock. I've bought this stock because I can see huge upside for gold and silver over the next twelve months. I wont be setting tight stops due to the volatility, as Phillw mentioned earlier.........And I haven't spent money I cant afford to lose.

But just because it's run hard today doesn't mean there's nothing left in the tank for the rest of the year. In all likelihood it will pull back a bit at some stage as people take profits, but given the extremely high gold/silver ratio, and Bernanke's helicopters hovering, my tip is CXC will be a lot higher than $1.53 in the new year.

As I write silver looks like it's gathering steam for a strong up leg. DOW futures up at the moment, (although that doesn't count for much), so hopefully CDE has a green night, and we can all take some profits on a Friday and have a few beers tomorrow night.