IAG, plus market update …

Issue #148

Dear Member,

The summer doldrums are taking their toll on all markets, with volume and liquidity drying up everywhere.

Gold is holding its own though, as is silver. And according to all my work, we are edging closer and closer to their anticipated rallies. Ditto for mining shares.

Unfortunately, your shares in IAMGOLD Corp. (IAG) should have been stopped out yesterday when my recommended stop was hit at $3.58, limit $3.45.

If you’re not out, for whatever reason, I recommend exiting the shares now. I will be looking to recommend you reenter the shares on either a further decline, or confirmation that a low is in place.

Hold all other positions and related stops.

Best wishes,

Larry