Jim Letourneau's Blog

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Southwestern Stops Moving Southward?

Southwestern Resources made a nice capitulation move yesterday. We'll see if $10 will continue to act as meaningful support. The stock gets a favorable mention by Ken Gerbino in a recent Mineweb article. We are starting to see signs of life in the precious metals. If you have some big profits from energy, uranium or sexy lead stocks, (like readers of the Big Picture Speculator) you might want to start rotating into gold and silver companies over the next few months.

Southwestern Resources