AAM 0.00% 5.5¢ aumega metals ltd

Ann: Gold Plant Update , page-79

  1. 4,618 Posts.
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    right on bandy

    we may experiennce collateral damage tomorrow, but we are now entering extrordinary times re: POG and miner profits.

    GFC1 gold miners got smacked. SLR started production just prior to it (Apr 08), the SP went down prior to GFC (Apr08 - Sept08), SLR hit a low before the GFC - consolidated during the period the recovered to be over $1/ share (now $1.20/share).

    I would GLADLY take a hit on the SP now to get a $1 or more / share in 12 months time aka SLR experience. People will wake up sooner or later re: value of producing gold miners.

    GC
 
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