Re: Possible Setup...Break Out or Gap and Trap
in response to
by
posted on
Apr 14, 2009 08:04AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
With patience and perseverance on ths one, IMHO, over the longer view, their "traps" will be "sprung" well in advance of maximum profitibility for the SHer. In the short term "anything is possible" in any market with any stock, but when the fundamentals are as strong as those developing in SAN, over the longer term they will only improve, "a la Traps," so as investors our "chances of losing" diminish accordingly and the "chances of winning" rise significantly with time regardless of short term market or stock fluctuations.
Several "trends'' are at work here, all favouring upward SP movement. "The trend is our friend," so entrenchment (patience) is necessary to maximise our profits.
Quoting a long-term investor/broker in the commodities/equities markets, "SAN is the best I've seen in my entire career at these prices at this stage of development!"
RUF