General Discussion Topics, page-1265

Morning all.
I like your thinking @HeliosUK
Drilling underway with some results still due from phase 4.
mc of ~$70m.
Getting back to the Gold Price.
I have a red projection and a blue.
On a monthly chart the blue is what I am expecting.
That could be a target of $2740.
That would also suggest that the flag marked in red is the halfway point and makes sense to me.



There is a threat of the US dollar springing higher which could give a ST drop in the GP.
Here is the monthly.
Now you see how the flag could be marking the half way point but also the C&H which is very mature.
Any drop in the gp could bring about a rapid ST target of $1675.
That just means a revisit to the recent low and is marked in that short red horizontal line.



Now we have our expectations of where we think the gp is heading, we can add to that our potential exploration success based on what we currently know.
I am looking forward to a rapid rise in our sp if this plays out in our favour and I have high expectations that it will.
Welcome to a new week and let's hope we see some more of the same.
Kind regards, Wack