This is a gold producer and at the moment anything gold related is a bit out of favour with the general investor....and that is just great news from my point of view. In September of this year this stock hit the 52 week high of 10 and 11/16ths...and from there down it comes...neat.

The daily volume on the stock is about 500,000+ shares a day.....nice average volume.....dividend is at 10 cents per share and earnings per share of 0.58 with a price earnings ratio (PE) of 5.60...WOW This stock has it all....has dividends....low price, earnings and great daily average volume.....see it is just out of favour for the moment.....and the price per share is a bit over $3.00.....what else could one want. This is a buy and hold.....my bounce up in a day or week or month or two but will......just has too much going for it. Final detail......On December 02 the volume for the whole day was 124,400 shares.....far below what it should be, more proof of it being out of favour for the moment...the crowd will wake up one day soon I expect.

Buy this one at any price under $ 3 3/8.....watch for the volume to increase and this increase will most likely your indication to hold on and watch closely for the sell price. Do not invest all available funds at once……but over a few days or weeks…watch the action….it may dip before rising….you want to be in a position to accumulate more if the opportunity presents itself. If all holds steady at $3.00 to $3.50 the buy what you can……or wait for volume to increase some and then hit it with the final dollars to buy….. I will not nail a selling price down at this time.....I love to sell into a great spike up, lots of volume nice price rise and out I get....take profit to bank.

If a position is taken do so at minimum of 1,000 shares to make brokerage costs not too important.

I have staked my position with some shares at $3 3/16 and more at $3 1/4