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To: onepath who wrote (73221)5/23/2012 12:44:51 PM
From: VisionsOfSugarplums
   of 75713
 
A bit of a battle going on here seems like on a number of fronts. No breaks either way so far IMO...

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From: onepath5/23/2012 1:02:59 PM
   of 75713
 
Dipped a toe in this after much talk on the thread.......

Corona Gold sells Sugar zone interest to Harte Gold

2012-05-23 10:00 ET - News Release

Also News Release (C-HRT) Harte Gold Corp


Mr. Murray John of Corona reports

CORONA COMPLETES SALE OF SUGAR ZONE PROPERTY

Corona Gold Corp. has received $2.5-million from Harte Gold Corp., thus completing the sale to Harte of Corona's 51-per-cent joint venture interest in the Sugar zone property located in the Dayohessarah Lake area, Ontario. As a result, the joint venture agreement between Corona and Harte is now terminated and Harte is responsible for the payment of any net smelter royalties to which the Sugar zone property is subject. All prior obligations that were entered into by Corona in connection with the property have also been formally assumed or settled by Harte.

Murray John, president and chief executive officer of Corona, commented: "Over the last several years, we have focused on realizing the value of Corona's historic properties. With the completion of the sale of the Sugar zone property the process is now complete. Corona is in a strong financial position with approximately $16-million in cash and $10-million in marketable securities. Corona maintains some exposure to its historical exploration properties through its approximate 2.4-million-common-share position in Harte and 4.6-million-common-share position in Treasury Metals Inc."


stockwatch.com

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To: VisionsOfSugarplums who wrote (73222)5/23/2012 1:42:22 PM
From: onepath
   of 75713
 
G , FNV , AEM all positive now....quite the whip saw but good to see buying coming on the dips.Added some NGD.WT.A & LSG.

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To: onepath who wrote (73224)5/23/2012 2:04:58 PM
From: VisionsOfSugarplums
   of 75713
 
Some of these moves look constructive. I think I'm going to hold off until they decisively break these downtrends, with some more volume. Don't feel like actively trading it, although no doubt money can be made if it's a bounce and esp. if it's a intermediate trend change...I'm watching ABX in USD as a clue, also to see if miner sentiment picks up the gold price. Some hammers starting to show on gold and crude contracts, we'll see. Trading a little more in the US today. TRIN still over 1 in both indexes, be interesting to see how the day ends.

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From: tyc:>5/23/2012 8:52:50 PM
   of 75713
 
Ha ! I got stopped out of my aapl short TWICE. ...Time to check the book .., Apparently, because the stock was still trading consistently above the 100-day MA, the weakness provided a BUYING opportunity, not a shorting !
Duh !

GO long aapl ? No thanks !

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To: tyc:> who wrote (73226)5/23/2012 9:24:38 PM
From: loantech
   of 75713
 
Ha you should have shorted LSG! And ATN and CRJ. <G/NG> I am still holding all three.

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To: tyc:> who wrote (73226)5/23/2012 10:03:18 PM
From: VisionsOfSugarplums
   of 75713
 
CRAAPL is a wild one

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To: loantech who wrote (73227)5/23/2012 10:19:54 PM
From: tyc:>
   of 75713
 
NO ! They are all under-valued gold stocks. I'd rather lose money shorting over-valued crapapples, than make money shorting good golds. After all, a guy has principles , eh ?

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To: tyc:> who wrote (73229)5/24/2012 12:05:24 AM
From: loantech
   of 75713
 
After all, a guy has principles , eh ?>>>>>>>> You bet that is why I have not sold, even at higher levels the gold stocks may be undervalued.

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From: VisionsOfSugarplums5/24/2012 8:17:31 AM
1 Recommendation   of 75713
 
Anybody out there like Louise Yamada? Recent interview from May 21, once you get past the advert. Gets into gold in latter part of interview, FWIW

media.bloomberg.com

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