somtocan interesting you say that, UBS lifted its 1month and...

somtocan interesting you say that, UBS lifted its 1month and 3month price targets on gold to 1850 about 2 weeks ago once everyone knew QE3 was all but locked in, i think at 1850 ncm would trade low-mid 30's untill we get some sort of production guidance confirmation later in the year once the lihir upgrades have been fully installed. If thats positive they could add potentially 200,000oz to the guidance which would put another couple of dollars on, and then we're just moving with gold again after that.

crossing my fingers theres debt ceiling talks around the US election because that could give us 2200 gold come december