There's precedent for your favorite gold stock to hit $200 or more, and Casey Research Senior Precious Metals Analyst Jeff Clark proves it.One of Doug Casey's biggest wins during this time was Diamond Fields.
"...there's nothing "wrong" with gold, nor our stocks. Big volatility is par for the course during the Wall of Worry phase of a bull market, and our strategy of buying in tranches and taking profits is designed to mitigate and make use of the market's bipolar swings. The key ingredient to success here is discipline. Stick with the program, don't get cocky, and above all be sure that you are prepared, psychologically and financially, to treat a big reversal as a buying opportunity. That's how you Buy Low and Sell High."
[Some good advice I believe]