funny
EU and US markets caved in overnight because the Chinese demand for steel slowed down - not their demand for gold.
At least FML doesn't have to worry about the fracas called MRRT - leave that to Fortescue and BHP/RIO et al.
And as pointed out POG has held up "reasonably" well in Au$ terms
Believe it is always good to ask "what if" - but FML started most (stress most) of this when POG was a whole chunk lower.
Pretty sure that shrewd operators like CB and DT have various "models" they can run to optimise according to POG if required.
While it's holding up - may as well push ahead like crazy.
Bit like share holding: no risk/little reward - may still loose the house, but rather give it a good go right now.
March Q for first indicators - June Q will have to start bringing in the first bacon
Pinto: be great to get that drill stuck in a lump of pure gold - just not banking on it !
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4 | 95300 | 0.125 |
1 | 7500 | 0.120 |
1 | 1000 | 0.110 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 67030 | 2 |
0.145 | 4928 | 1 |
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