genuine qu - why bearish on gold?, page-106

Andrew1234,

Thanks greatly for your thoughts - exactly the type of contribution I was looking for when I started this thread.

I had a quick look your gold and silver holdings of ORS and IVR and can see your reasons for holding. Will keep an eye on them and look in more detail. As a comparison to IVR, have a look at KBL. Also has a $60M market cap. It has a 16.7 million tonne shallow open pit resource containing 28m Ag, 750,000t Pb and 117,000t Zn targeting 500,000tpa in FY14. Curious to know if you think IVR will be substantially bigger as KBL has a similar market cap but also has a producing copper gold mine with good gold upside coming into production in next 12 months.

If you post a reply perhaps post to KBL thread to keep this focused on gold.