Deutscher-Goldgräbe. : Alerts
The Weekly JDV Market Timer – April 1, 2012
WEEKLY COMMENTS: The junior PM sector has been a WASTELAND and the metal of PM junior investors has been sorely tested in the past few weeks ….. BUT …. as Deep Contrarian Investors we will continue to hold our PM juniors (the Hulbert sentiment readings from PM newsletter writers are giving a Major Contrarian Buy Signal) but we will not add anymore until the 50 day MA crosses decisively up through the 200 day MA on the CDNX chart – this may coincide with a "formal QE3 announcement" from the Fed in April.
Evolving Gold (EVG.TO, C$0.28 +.01) – The stock price fell back to the level of the recent private placement – drill results coming out soon could confirm a world-class find in the Carlin trend – this stock is a buy here. But a world-class deposit in Wyoming (Rattlesnake) and a potentially huge find on the Carlin Trend in NV argue that this stock will be a big winner. "