I agree with you about Coyote, Salt. As the gold price rises it becomes a more valuable asset. It might be that the timing is just right. The POG in $Au terms is only about $80 off its all time high in Sept 2011, so many companies will be in for serious cash balances if it keeps trending up. What if the POG in $US terms continues to go back towards its all time high as well.....that would be up to another $720 US an ounce more ( $1,000 Au). What would that do to the sector? History shows that anything can happen. $US gold went from $1,490 on July 5, 2011 to $1,911 on Set 6, 2011.
Good luck to all.
PB
someone pushing price down, page-55
-
- There are more pages in this discussion • 58 more messages in this thread...
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
0.000(0.00%) |
Mkt cap ! $4.664M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.58K | 789.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 96942431 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 5061634 | 4 |
View Market Depth
| Last trade - 13.55pm 04/10/2024 (20 minute delay) ? |
| PRX (ASX) Chart |