Cherry, don't forget about Gold Fields (GFI). It's pretty much a bet on whether they can
stay on schedule and avoid unexpected seismic disaster at South Deep, the "crown jewel" of
South African gold mines. Their team looks experienced and their tranparency is good
(website, presentations). 2-3-year horizon, I would say. chhers, Stuart A

Time will tell whether my post yesterday over this week being a huge opportunity in
precious metals equities will be accurate. I wrote yesterday that it might be the best
time for investors to jump into precious metals equities prior to a possible end of the
month Fed rate cut. I see plenty of bargains currently. Today I jumped back into Lundin
Mining Corporation (LMC: 12.54 -0.48%, vol: 817,200) at $12.76. Readers can use the search
function to read my previous analysis of Lundin Mining. I expect to see LMC back to $13
levels by the end of the week. Jim Cramer pumping LMC is also bound to add visibility and
interest to the stock.

I continue to like Silver Wheaton (SLW: 15.38 +4.20%, vol: 2,991,800) and Yamana Gold
(AUY: 13.91 -0.64%, vol: 6,487,400). I also overlooked Coeur d’Alene Mines Corporation
(CDE: 3.75 +0.27%, vol: 4,050,400) and Tanzanian Royalty Exploration Corporation (TRE:
5.65 +0.89%, vol: 188,100). CDE experienced a 10%+ drop and TRE experienced up to a 20%
drop from recent highs during yesterday’s gold and silver correction. TRE at low $5’s
is a great bargain with Jim Sinclair at the helm and physical gold prices above $750.

I am expecting to see a technical bounce for US Gold (UXG: 4.62 -3.14%, vol: 441,300). UXG
is treading in oversold territory with RSI at under 30 and MFI almost under 20. MACD shows
a possible uptrend forming as we approach a bullish centerline crossover.

*Disclaimer: The author owns shares in LMC, CDE and UXG.

The article is here:
http://www.rawgreed.com/bargains-abound-in-precious-metals-equities
Taken from: http://www.rawgreed.com