pog relevant to abu or not, page-9

not sure if this is "over simplifying" part of the debate:

biggest change is "sentiment" for the sector - and that coincided bizarrely with the easing of the US QE - or the beginning of "tapering"

Guess the "rumbles" out of China - and their suspected continuous buying helped (as well as Russia)

The other effect has been on the sector containing costs and demonstrating that more cost effective ways of production can be found and that the "fat years" were unsustainable and corporate governance needed to be tidied up.

Not to mention to level the playing field by introducing the new AISC standard.

ABU has been following a rather unique business model - doing it under it's own "steam" in carefully planned steps (so far !) and being creative at finding solutions to a huge area of tenements.

DRM was interesting to see (making a new substantial high 2 days after raising 20 mill at a discount) while NST (now building an empire) retraced ahead of SPP closing.

The rising POG has changed short positions and the way goldstocks have been able to be "traded" in the past few days - see how that continues.

Chuck is the one for charts and details - I see major resistance @ 1350 USD
(and strangely I look at POG a lot more in AUD terms and what that chart does - as is chuck)