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20.0% 0.4¢ citigold corporation limited

Ann: GML: Directors' Statement re Takeover , page-10

  1. find8
    2,739 Posts.
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    03/09/09
    10:41
    Post #: 5591371
    re: Ann: GML: Directors' Statement re Tak... The gold price in AUD terms has actually dropped dramatically from its high recent levels of AUD$1500/oz earlier this year.
    We need it to return to those levels again.

    It's no use if the USD gold price now rises past USD$1,000/oz whilst at the same time the USD weakens at an even bigger rate... and the AUD gold price drops.

    It's all about the AUD gold price.

    CTO Price at posting: 15.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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