Thursday, January 3, 2013

Aurico?

I always pay attention to what the commodities are doing. They are the fundamentals of the broader economy. So as I am watching companies that are affected by the underlying commodity I pay attention to the strength or weakness of the company in relation to the strength or weakness of the commodity.

Gold has been weak lately. But Aurico Gold (AUQ) has held up well. That makes me take notice. This stock has a good chance to go higher in price if it can break out of the recent range.



control risk
gh

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