Loading ...It Is Time For NEM To Rise
Having played it’s role as the Hook to perfection, in disparaging gold and gold miner investment, it is now time for NEM to rise. With it’s great yield and excellent profile it is a wonderful long term buy and hold investment. For traders and option traders it is also a great short term play as well. Targets are the gaps, first at 51 and the one at 58. The timeframe to reaching those gaps, as always, is the hard question, the fact that they will be filled is almost definite. 
It’s a diesel guzzling dog
Do you still like Riverside Resources? I dropped them awhile back because it seemed they were going nowhere. I’m sure it’s still a good miner, and possibly like a good place to get back in.
I am guessing that question was directed to Plunger as I am not familiar with Riverside Resources. The only one I followed and posted about with a similiar name was Walker River Resources.
It may be, but as oil falls from it’s highs and gold rallies from it’s lows, it still makes money and will be doing so at increased margins. You made a nice case for AEM but NEM is still heading higher, as well.
NEM likely has hit a low, but is displaying poor relative strength… Slow moving elephant… (didn’t say white elephant)
Correct, that after the smash it experienced it’s RSI is terrible. Like an elephant that just woke up it took three weeks to regain it’s footing, has now started to walk and is breaking into a slow run. Over the next few weeks it will be in an all out stampede on it’s way to 58.