When MYG will produce is not of a concern to me, I am not a trader but an accumulator. Frankly if gold goes to $3500 as Citibank have just announced, and I might add crude oil to $190, then 2014 is just fine.
What I want to say however is that all the gold stock indices have just broken out of a declining top patterns, indicating that start of a new bull market. Look the HUI, GSX, GDXJ and the XAU.
In a few months it will not matter whether you are producing, about to produce, looking for finance or just drilling, this sector is about to go ballistic like the late 1970,s.
Just be very very patient and hang on for the ride.
sp unable to rise even with q 3 easing in usa, page-18
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Last
71.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.94M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2857 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 26250 | 1 |
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| Last trade - 16.12pm 09/07/2024 (20 minute delay) ? |
| MYG (ASX) Chart |
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