Timmins & Beardmore - Northern Ontario

Focused on becoming a near-term Gold Producer

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Message: Sp held up well today

Sp held up well today

posted on Oct 11, 2007 02:36PM

I've bought into SGX recently (in and out earlier in the year) and still feel a little aprehensive about paying over 20 cents...

risk/reward seems worth it with so many projects on the go and good management.

Tomorrow we may see a pullback...and from what I'm reading there could be a short shakedown in the Gold markets for a week or so as we head into the strongest season of the year for Junior PM companies.

I can't see a shakeout lasting too long though as there are too many other factors pushing Gold up.

If we get any substantial interest from other financial Markets it won't take much to start a breakout.

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