slip, slip, slipping away., page-2

I'd be buying at these levels. HUI index hit it's lowest level in over a year last week. That tells me gold stocks are very oversold right now and due for move north. Couple that in with what looks like a bottom forming in the physical bullion market and i think that's a pretty good buy signal right now.

The market is treating this stock like it's on life support, which just isn't the case. Insto placement at $1.10, decent drilling results, virtually zero soverign risk, undervalued by at least 50% based on CURRENT production alone, zero probability of any growth being factored in, which just doesn't seem right given they just did a placement to prove up more oz and grow production. This baby is trading at just 1 times annual revenue.