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Anonymous led the selling parade again today prompting others to lock in long-awaited gains on fear of further declines. It's hard to rationalize trading lower now than before the financing news and with gold making a new push higher.
Nothing to get excited about, but just noticed the change to the "About Century Mining" section on the CMM homepage:
Century Mining Corporation is a Canadian-based gold producer with expanding gold production, late stage development and exploration properties, and holds strategic land positions in Canada, United States and Peru. The Company's strategy is to build through organic growth via existing mine expansions, the advancement of its exploration and development properties, and by pursuing other strategic and synergistic gold opportunities.
I like their focus on gold of course. When gold rallies this well when the US dollars is steady, imagine when it starts dropping again...and it will! Gold at $1300 and more is coming and we will be just starting to pour at Lamaque. I believe our timing will be very good.
Nice bounce this am. We will probably be range bound for a while now till Jan 12th anyways. The 4th quarter financials should give us another boost along with drill results from Lamaque.
2 comments:
Nothing to get excited about, but just noticed the change to the "About Century Mining" section on the CMM homepage:
Century Mining Corporation is a Canadian-based gold producer with expanding gold production, late stage development and exploration properties, and holds strategic land positions in Canada, United States and Peru. The Company's strategy is to build through organic growth via existing mine expansions, the advancement of its exploration and development properties, and by pursuing other strategic and synergistic gold opportunities.
I like their focus on gold of course. When gold rallies this well when the US dollars is steady, imagine when it starts dropping again...and it will! Gold at $1300 and more is coming and we will be just starting to pour at Lamaque. I believe our timing will be very good.
Nice bounce this am. We will probably be range bound for a while now till Jan 12th anyways. The 4th quarter financials should give us another boost along with drill results from Lamaque.
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