Gold stocks have taken a pretty hard hit and should continue for another couple weeks but one that has really been hit hard is Ventanna Gold (VEN.TO). It has come off highs of $13 and as the selling abates on this one should prove to be a great time to come in a pick up value. Other stocks that remain on my buy list for an August rally would be East Asia Minerals (EAS.V) and Colossus Minerals(CSI.TO).
Ventanna to me represents the greatest value and anywhere under $6 should be a great buy for the long term. Ventanna has 10 drill rigs on the property and they are aggressively expanding the deposit and coming up with a resource number which will impress. This deposit remains one of the better ones being drilled up and evaluated and VEN could easily become a takeover target at lower prices. Anywhere under $6 will be great value.
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