Chinese and punters will buy gold. So will some funds.
The hot money will ebb and flow with speculation and ultimately will focus on that with the highest leverage, producers then explorers with good prospects.
Iamgold cashed up and looking.
The papillon MUST come up with good results via the drill bit ASAP.
It's not over yet. PIR still have good land. I'm still far in the green but very very watchful. The resource upgrade was disapponiting to say the least.
Has anyone calculated the valuation re $/oz for PIR?
PIR Price at posting:
48.5¢ Sentiment: Hold Disclosure: Held
