PRX 0.00% 0.2¢ prodigy gold nl

It would be good if the market was more predictable at the...

  1. 14,321 Posts.
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    It would be good if the market was more predictable at the moment.
    US market looking dicey but still at strong levels.
    Our market didn't follow the US up when the US rallied hard this year and gold stocks here and o/s were clobbered as the US market rallied.
    QE3 probability must be getting high now, so how does anticipation of that affect markets, gold and gold stocks?
    Very unpredictable mix.

    As for ABU specifically, everything is lining up very well.
    Field season has begun so updates/results could start to flow over the next few weeks along with the scoping study results for OP.
    SP is near support and since 2009 usually begins to rally in May.
    A bit more QE talk to consolidate markets and the gold sector would be very handy for us right now to kick start a rally from around here.
 
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