PS – Adam has tossed us a few bones this week but tells us that the ZI is going to have a lot more trades since it only comes out once a month.
He likes Breakwater Resources in Toronto trading on the OT here in that States as BWLRF. Yesterday it was trading at .94.
He considers EGO Eldorado GoldCorp as the crem de la crem of gold stocks that is dirt cheap. Northagte Minerals NXG is also a big thumbs-up right now.
Zeal said that even though he really can’t call a bottom, some of these stocks have hit their 52 week low and should be consisdered for stradeling – keeping your trailing stop loose – and “slowly” accumulate rather than just jumping in with both feet. He does think we are going to see a turn soon. If you want more info on Breakwater, let me know.
Hope this helps. Gold was at $608.00 this morning.