lazy day ponderings

Gold is certainly on the nose and after doing a fair bit of reading lately then it is probably reasonably so.

Another recently read article regarding real production costs for gold companies where the majority ignore including royalties throws a little bit more doubt on gold companies in general.

The key to investment is and always should be company profitability and at the moment I am happily thinking SIH have a very good chance of returning good profits but I wonder if the market will respond to that alone if the gold market is still off?

With 6,800,000 Director Options expire 31st May 2013 @ 15 cents the interesting for me will be if the Director takes up the options. If they do, I won't be reading too much into it. Mainly because of the number of cheap shares issued along the way can skew things especially when you take overall average cost into account.

If they don't then I guess that will tell more of a story!

I'm not really sure what to think at the moment. A little nervous but still hoping would probably best describe it. :-)