It's Friday at 4:00 EST. Its been a long week and The Turd is tired. Before we call it a week, however, I thought I'd give you an update on our favorite miners.
OK, so here's where we stand. I don't have much time now to elaborate beyond that which I've written on the charts. Sorry. Perhaps I can get into a little more complete analysis next week. For now, lets start with a 15-year look at the HUI (the Amex "gold bugs" index):
Now, onto Turd's Big 5. Presented, in order, by my current preference according to the chart:
Now, here are two more that I've picked up on from reading the comments on this blog. They both look terrific. You guys are good!!
First up is GRS. Mister Hyde loves this one and I don't blame him. Looks like a cinch to trade to 10+.
And here's Great Panther. I'd be all over this one if it pulls back to $2.40 or so.
OK, that's it for now. I'll have a comprehensive look at the weekly charts for you tomorrow.
Have a great Friday evening. Thanks again for making this blog THE BEST PM BLOG around!! TF
10:30 am EST Saturday UPDATE:
Just wanted to inform you that I have scheduled some time next week to meet with a website developer I have used in the past. I think we have reached "critical mass" where its logical to take this next step.
Over the next week, please take some time to consider what options you'd like to see in a new and improved "Turd's World". I will be soliciting opinions and all feedback will be considered. I am not looking for feedback today, however. This has become a great thread for the exchange of info on miners and I don't want to hijack it. Please use it for that stated purpose all weekend.
Next weekend, I'll post an open thread where I'd love for you to relay your ideas. I think I've already come up with some stuff that you'll really enjoy but I'm not stupid enough to think I've got all the answers. Additionally, depending upon the bid my web man gives me to build this thing, I may have to solicit funds through the "feed the turd" button to help defray some of the costs. Not much...if I just got about a buck from everyone who plays around here on a daily basis, that would be more than enough.
Lastly, Harvey has labeled his Saturday commentary as "important" which means you definitely have to take the time to read it. Here's your link: http://harveyorgan.blogspot.com/
Have a great weekend! TF