Free
Message: Barbera is excited, senses Juniors may be turning the corner

Barbera is excited, senses Juniors may be turning the corner

posted on Jun 04, 2008 05:18PM
http://www.financialsense.com/metals...

.....However, while much of the news was negative for mining stocks this past week, there was one bright shining light and that was the performance of Junior Miners.

NEWS FLASH: THE JUNIOR MINING STOCKS DID NOT REACT TO THE DOWNSIDE IN THE WEEK JUST PAST!

That’s right, on the week, the FSO Junior Mining Index of 40 stocks actually gained ground, GAINING .36 index points to close at 234.00, up from 233.64. OK, so we can hear the voices out there saying “Big Deal!” -- it gained a measly .36 index points, ---less then 1% so what, Barbera? Well, in our view, --- perhaps nothing or perhaps everything.

........The Summation Index for Junior Gold’s coming off a set of major oversold. Lows, improving this week back above zero, all of this looks, dare I say it, -- encouraging.


Share
New Message
Please login to post a reply