Wednesday, October 28, 2009

US Dollar collapse: Dead Government Walking by Eric Sprott TNR.v, RMK.v, NGQ.to, ONT.to, SGC.v, BVG.v, CPG.v, EPZ.v, OK.v, ASM.v, HUI, XAU, GDX,


Dead Government Walking - by Eric Sprott.


First Gold and Majors, then Silver and Juniors.
Time is to pick up Juniors in Gold and Silver and Commodities.
Buy Gold!

2 comments:

Anonymous said...

Sufiy, do you haVE any further thoughts on RMK.V ? has the investment met your expectations? Do you see further gains for the new merged company, do you have any resources that you could point me towards learning more about the potential of the new company...thank you for your work....

Sufiy said...

We have missed your question before, sorry.

We do think that there is a potential below 0.2CAD, but this deal put off Premier Gold PG.to and was more for the management sake to stay in the game and, as you know it was pretty measerable before Premier Gold get into the picture. We have talked to PG.to and they sad that they are expecting resource in the range of 2 mil oz at Hardrock. They stated that the deal was too expensive and they are fine with the rest of 70%. We have sold our position above 0.25CAd and accumulating below 0.2CAD. we will monitor the situation, so far timing and deals itself was value destracting by the market quotes.