It has begun, page-6

I remember when NST was struggling, likewise Sandfire @TinyBoat. My feeling is, it is May when people go away. BAR management have stuck to task although it has taken time. I have a lot but it is bargain time towards the end of the financial year when many cut losses. Always have a bit ready when it counts. Can't see the long term gold trend dying. It has outperformed stocks. Ten year US bond yield is down and gold spikes. I think the cobalt will take a little longer. China is a spanner in the works for those banking on offtake agreements in a whole range of stocks, but then again this is the time to buy if you follow the Buffet philosophy. Think the gold will carry the day. You don't mine unless the numbers stack up. Simple. Was in TAM a few years back at about 1.5 cents and during the gold run it went over a dollar. It had a small operating mine too, just like BAR. Sometimes its just a punt based on risk and reward. I don't go for it unless its over 3:1. The price of gold is skewing the probabilities very much to the positive. But each to their own, sometimes any decision is a good decision.