Sometimes We Win…

Yesterday I noted how Almaden rocketed higher without the miserly bidder who failed to fill the day before.  But that’s casino patron talk.  You’re gonna win some and you’re gonna lose some.

More often, hard work and consistency will get you where you are going.

As an example, in a March 31 update we noted…

“Still, we have noted that individual miners will form their own technicals and as an example, I look at the chart of Pretium (PVG) and see a nice looking pattern with the price above the SMA 200.”

My view of the sector was still ‘corrective’, but Pretium and a few others had charts I liked.

Here’s PVG today, with the chart expressing itself upward nicely.  The implied target is over 7.

pvg

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