MYG 0.00% 72.0¢ mayfield group holdings limited

myg share price and gold price - 5 yrs chart, page-20

  1. 4,703 Posts.
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    Down $115 points gold atm... can't tell me $200 price of gold has dropped by in terms of fundamentals.. crazy.... makes me wish I had the money to put into play the whole 'buy when everyones panicking' motion, then again what worries me is like all the critics say, gold does nothing, it doesnt grow, it can't be eaten, if can't be etc etc. Of course it has its industrial and cosmetic uses I'd argue - But i see where they're coming from.

    Anyway regardless of this, what worries me is whether we're still in a profit or not this share price may only ge tup to 6, 7c after finance at this rate. with a $115 gold drop I'm sure we're going to see 5c if not lower share prices tomorrow.

    The MYGOA look pretty much a goner now... and the MYGOB - no hope.

    Only if this drop of POG proves a faux, overcrazed sell off, and we get favourable finance and RC results in June may we even be near 10c again....

    TImes like this I wish i had my crystal ball and got out at 13!
 
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