Augusta Gold (G.TO)

Technically it does not look good. Chart is on a downward trend and has just broken through a new low. Seasonality, the weakest month of the year for gold is October. Normally gold stocks weaken through until the middle of November and then start to bottom and move higher. (See Comment under Gold.)

He is staying the course. In the short term, gold bullion holders are in the hands of short term speculators and hedge fund managers. Long term investors are going to look for gold in the form of bullion or Gold Corp. He does not know where the price of gold bottoms out. He sees a slow and steady increase in the price of gold. The US may accelerate the printing of money.

This is like a lot of the gold stocks. Chart shows a long downtrend from late 2011. If you are a trader, there is support at around the $25 level. If you are going to trade a stock like this, he would be inclined to wait for a bounce and for confirmation using things like momentum indicators such as stochastics.

One of the few gold names that she plays when she decides to trade gold equities. A liquid name and has good management and a good set of assets. Also, it is not as controversial as some of the others. However, your view on gold is paramount, and if you love gold than this is your name.

Likes golds, which is the financial insurance against the mess that is going on. This stock is one of his primary holdings. Great company. Low production costs. Likes that they are in north-south (North and South Americas). Great management.

Hang on longer. Great profile over next 2.5 years, (30-35% production growth. Good management, lower political risk, likes the story.

What option strategy would you recommend for this? He is not a gold bug. Remember that as a buyer of options, time is your enemy and as a seller, time is your friend. If he were buying options on this, it would be because he felt the risk on would be a bounce. He would be more inclined when there was something event driven, rather than just buying an option and hoping to make his money back or make a profit. If you own the stock, you could sell options on it.

Not convinced this gold rally is going to last. Thinks it’s a little bit of a bounce off the bottom. Not convinced there is going to be a big inflation problem. If growth really starts to pick up, the market is going to start focusing on other commodities.

Great operator. Clean assets. Prefers Yamana (YRI-T) but they are both relatively close. (See Top Picks.)

It has only been above the 200 day moving average twice in the last 10 days. Gold bullion moved 1^st and now the producers are starting to chase. There is a bit of a gap between the two but probably the producers are a better value right now. Attempting to break the monster size downtrend. It is seasonally strong to be in gold at this time of year. Soon as it starts making lower highs, you want to be out.

This is the period of seasonal strength for gold miners and this company benefits. Seasonal strength for gold and gold equities is from July into October.

(A Top Pick August 1/12. Down 8.22%.) Amongst the senior producers, it produces about 2.4 million ounces. There is very good visibility to get to 4 million ounces by 2017, based on the projects they have in place. In political low risk areas. Unhedged.

Good management. Well located in geographical areas. Big production and with very little in hindrances so they can definitely increase production with lower costs going forward. Thinks a lot of institutional money is going to end up with this company.

(A Top Pick May 24/12. Down 14.37%.) Increased their dividend 10% this year. Gold prices have gone down so they have gone through their portfolio and taken a write-off. Still have good growth potential versus a lot of their competitors.

The only resource (and gold) stock he has recommended. Pays a dividend and is big enough that you are not going to lose your shirt if things go wrong.