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21/05/18
08:13
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Originally posted by Bricking
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everything depends on the direction of gold . Some gold players have room to move & some are walking a fine line & this is one of them. Thank god they hedged some ounces , it will give them some breathing space if gold goes south . Gonna top up down here but I think I will wait. Paper profit gonnnn so red is the new flavour if it goes lower rrrr
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I have only just noticed this stock and am in early days getting a handle on it.
With the shares trading in negative territory relative to the 8c options one should be able to buy them for a song but no so?
There is a healthy margin between forecast AISC and the current gold price.
Are you worried about the AISC going up or the Gold price going down ?