MRP 0.00% 6.1¢ macphersons resources limited

Ann: Boorara Drilling Update, page-22

  1. 1,522 Posts.
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    Gold price is recovering v. well and is especially attractive in AUS $, despite the lack of support for one of the major industry in OZ and previous negative propaganda & manipulations...
    Gold always was & still is a real asset and it will show up also in "new economy" despite "innovative financial statistics" ...

    Re MRP price- it will improve further with resource but now ...short of new investors / "fund" entrance or T/O moves from neighbours, we have to wait till Locust Investors will move from gold producers, to developers and finally exploration companies...
    Some experts like Jim Rickards are predicting G/P $10 000 p/oz, some even more (one predicting $50 K/ oz), others (Harry Dent) are predicting the end of the world and some are mildly optimistic, eg an opinion from *****:

    https://www.marketslant.com/article/why-gold-and-why-1550-still-target
 
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