rowingboat, mate I am diversified through the whole sector. As a contrarian I'll bet I have been invested in Au/Ag shares long before all the MON nasayers on here. In fact I would guarantee that I have. What astounds me is that some of the investors post on threads in a stock which they have no financial interest or indicate by their sentiment that they are not overly bullish on gold. Figure that one out...because I bloody can't?
I am invested in stocks because I am bullish on GOLD, is there anyother reason?.... because if there is I sure don't know what it is!
The very reason I am bullish MON is because I am mega bullish gold for next 12 months and if gold performs as I expect it to then companies like MON will be the huge winners.
Market sentiment can turn on a dime and I am betting that when it does for MON it will happen very quickly on the back of a booming gold price.
Gold as I said the other week was ALWAYS going to test the $850 breakout level. On Thursday it did just that. It has now traced out a classic ABC correction from the all-time high at $1032 and is about to commence a very powerful Wave 3.
The juniors which have underperformed miserably the last 18 months are about to become the markets stars and when the prevailing sentiment is that they can do NO WRONG will be the time I step in and sell!
Cheers
MON Price at posting:
0.0¢ Sentiment: None Disclosure: Held
