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clock Created with Sketch. 09/09/21
12:13
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Originally posted by Greyback:
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Don't give up on Gold just yet, is my point. The Presentation does look good although some is just repeated from the last presentation and they don't mention they only get half the Gold. One thing I have a problem with, is the Hedging of Gold. Looking at the Hedging I see a company which has no idea of where the price of Gold is going and gave it away at around $1700 AUS. News out last week, (although no one seemed to care) showed Gold production from China is dropping and Australia will soon be the main producer of Gold. Less Gold, higher prices for the companies mining it. DYOR.
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Seen on ABC news last night we have now surpassed China for the biggest gold producer...
(20min delay)