gold may take out us$440/0z tonight, page-14

gold approx aud$568oz hi guys.

gold price approx AUD$568oz

i picked a few shares up yesterday, for a little punt over the next few weeks.

they produced 18,000oz of gold during the september quarter at a cash cost of $277oz. that would make it almost $300oz profit on current gold price of AUD$568oz

thats pretty good for a battling junior gold producer.

imo this will be one that will boom with current surge in gold price.

plus a recent brokers report(see website).

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see weekly chart below, note sma 9-18cross over (golden cross..??)