Apology

I apologize for my absence most of this week, but there was very little to talk about. Gold has gone down or broken even which is what I would have expected for this week as the sentiment on it is mostly bullish. Today was better than most but still lacked anything of excitement. If you have really quick fingers you may have been able to cash in on one of the 2 opportunities that were presented to pick up the IAG when it fell back to the break out point. If you did your making some money now, If not don't worry about it, I wasn't quick enough either. Another nice opportunity was the GSS yesterday and the day before. GSS reported there Q2 and everyone "sold the news" pushing it down to about 2.32. The next day they came into the market wondering why they sold and bout everything right back again and GSS closed up .22 or 10%. Nice! I still believe when it breaks this resistance on the weekly chart and the now new 52wk high 2.75 would be a modest place to sell, although we could go higher. 2.75-2.90 I believe will be the next leg up until we get another fall down to the break out point at 2.40-50 again. That will provide for a nice buying opportunity again. If your not in a trading mood recently fine, feel free to hold it, it will be in the 3 region before you know it, which is why this will not be just a one time quick buck on a nice breakout. I will of course continue to follow the company. (I forgot to mention a exploration report should be out soon too, I will have to get the exact date for you.)

It's been a pathetic week with that whole fed thing yesterday, so hopefully next week everyone is bearish on gold it should provide some nice moves up.

-J

P.S. The IAG hasn't much led up. There were about 10x that you could have bought it and made money, but i will tell you when to pull the trigger when everything looks right. It's still going to 12.50 then to 13 and 14, so we have plenty of time.