SBL 0.00% 0.1¢ signature metals limited

its just a flesh wound!, page-6

  1. Zia
    4,156 Posts.
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    cheers quantum,

    we have tomorrow, Friday and Monday for the Quarterly reports to come out so no doubt we will be hearing something about the refurb soon, maybe even some initial results from the AC drilling.

    Gold price falling is not doing any gold producers any favours at the moment but I'm expecting that to bounce in the weeks ahead.

    Obama's State of the Union will be keenly listened to by economists, they want to see some real measures being taken to curb the US' debt & deficit position. Gold seems closely tied to the quantitative easing policy adopted by the Fed and to some extent Europe's ongoing bail out policy so where gold goes next might hinge on what Mr Obama has to say. Also talk of a bounce as physical buyers come out as speculators take their profits over the last coulple of months.

    Interesting days ahead, expect Signature to weather it all nicely though.

 
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