Gold has gone crazy tonight, USA well over USD$2,035, and the Aussie dollar sank today, meaning the Aussie gold price is now A$2,950 an ounce, the highest in history. Gold producers should be having a field day, and it's been predicted. This will help NML.
And tonight, the Silver price has also gone crazy, and since NML produced a boat load of Silver last quarter, this should also help them, and I hope the Silver production next quarter is as high.
Just about anyone, even in their sleep, should be able to make this a successful and profitable project at these prices. Gold stocks in for another big day on Wednesday.
Oceanagold on the TSX is up from $2.50 to $3.50 in a month, and climbing. In May last year it was $1.80, so its effectively doubled in 10 months or so. Anyone wanting to buy a gold mine in this environment, better have plenty of cash.
Gw
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