According to seasonality expert Brooke Thackray the period of seasonal strength for gold is mid July through the beginning of October suggesting that you could be well served to put GLW on your watch list in anticipation of a move later in the year.
Until the MACD turns or we get a bounce off the 200 day moving average YRI is in a downtrend and the trend is your friend till it ends.
With increased drilling on their poperties to expand their resource base, and assuming that they can meet their production target of 100,000 ounces this year AVR looks well positioned to advance over the next 12 months.
From the indicators that I follow PTQ looks like it has a good chance for a further advance from these levels.
At this point they have not yet determined if the resources are economically exploitable so they have to continue to drill up their deposits and expand their resource base.
When I looked at the charts they gave me the incentive to look deeper into the opportunity.
There may be some value in the properties that RUP controls but until a drill program can scare up some indication that there is gold in them thar hills I think you have a classic case of a company that has gone as far as possible with what they have been given.
