Probe Mines

Growth through Discovery Canadian Base and Precious Metal Exploration
Re: WB
over 9 years ago
7
in response to ElPrimero's message

The whipsaw effect is firmly in place....gold changes when physicial volumes pick up.

So when gold goes down Russia, China, India and other small countries buy it.

so large spikes up

Then....the comex contracts try to stabilize everything....Gold doesn't change a lot between the close on London and the open on New York.

If you look back hour by hour you will see this is quite often the most volatile time...New york open to London close. Outside of that period not a lot goes on.

Godlcorp will not suffer a large downward price to the same extent a Detour gold or Lakeshore Gold would see.

If it peels all the way back to 1000 Detour will be 7 to 7.5 and you can run with it back to 1300....about a 60 % gain.

Or stay stable

I got time....

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