News: RED Red 5 Ltd Says $125 Million Share Placement Completed, page-44

SAR looks the best of the blue chip gold miners, but is its SP going to double before the end of year let alone by X 3 or 4 ? I don't think so.
Within the next 2 years RED's production will triple .... now I know that SAR bought into the Super Pit for sound reasons - after the open pit is maximally developed, I've been told that UG mines will ensue ... one of SAR and NST areas of expertise .... but the payback for the Super Pit will require a few profitable years before that investment makes big returns ... probably longer than the KOTH gestation period.
Obviously a RED SP of >100c would make it a "super pit" for shareholders, but anything over 60c is enough for me. I will be diversifying into the recovery of the stock market next year IF economic recovery ensues.
New wealth taxes are inevitable when the full grim reality of the debt incurred by those rabid socialists (for business)in Canberra are replaced by Labor who will be saddled with the cleanup mess and the associated anger from the Howard battlers who will scream blue murder when their pension taxes are removed to what they were, along with death duties (?) and of course "franking credits" to those who pay no tax.
Already Australia's AAA credit rating is gone, and if our triple deficits again go ballistic (foreign debt, government debt and trade deficit) then the A$ will have the purchasing power of the Argentinian peso. Personal debts were high before GFC 2, and after a period of protracted economic contraction, relative indebtedness will rise substantially, crushing consumer sentiment for a long time and making discretionary spending on travel, eating out, weekend weddings in Bali etc etc very unlikely to recover quickly enough to save legions of bullshit jobs and BS companies.
Gold royalties and other levies will certainly increase as desperate governments for cash.
After the hurricane season, it will be a long economic winter for many in our society. The Great Depression resonated for decades, GFC2 will too,