Great Post Big Jig!
Unfortunately more bad news is coming out about the POG.
As more an more big institutions, like Goldman Sachs, join the throng that are predicting further large falls in the POG, often these sentiments can become self-fulfilling!
Goldman Sachs predict that the POG will fall to as low as US $1050/oz in the coming months! Not a happy scenario for gold mining companies and gold investors!
So what now is going to lift the sp for ABU against a falling Gold price???
The future looks great for the company, but the sp might be around these prices or lower for some time yet? Maybe until full on mining begins, and that might not be until March or April next year?
I hope that ABU's sp begins to move upwards soon, but just what will be the trigger for this to happen?
Go ABU!
http://www.bloomberg.com/news/2013-11-21/goldman-predicts-significant-losses-for-gold-iron-ore-in-2014.html
abu in a nutshell, page-6
-
- There are more pages in this discussion • 49 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
-0.001(33.3%) |
Mkt cap ! $6.350M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $6.473K | 2.224M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 51510682 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 87637716 | 45 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PRX (ASX) Chart |