The Perfect Storm for junior mining stocks continues to intensify with the Fed putting the nail in the coffin of the Dollar which has dropped below important support at 76 on the Index this morning…Gold has reversed course from yesterday and as of 6:45 am Pacific the yellow metal is up $29 an ounce to $1,378…the probability of the CDNX pushing convincingly past 2000 in the immediate future has increased substantially…more in our Morning Musings at approximately 8:45 am Pacific…
November 4, 2010
2 Comments
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where’s the “I like” button??! 🙂
Comment by M. — November 4, 2010 @ 6:18 am
Hi John,
Just wondering if you have had a chance to look over Kokanee Minerals. They are trying to purchase a 65km2 plot to the north of Canaco. Reports of incredible grades being received by the locals and our old friend Laurence Stephenson is involved. Might be of interest.
Comment by patrick — November 4, 2010 @ 6:56 am