.50c Here we come absolutely. I don't chime in much but I will...

.50c Here we come absolutely.
I don't chime in much but I will absolutely agree with you.
In respect to interest rate cuts , the U.S.A is in an election year, and rule of thumb for those vying to be elected is simple cut rates and hand out money.
We may need to hold on till August / September to see the reserve currency shift to Print Print Print, but it will come.
The Australian dollar presently needs to hold rates to keep it viable for investors. Banks are desperate for liquidity and their books need to be balanced to meet bond and commercial real-estate exposure in the U.S. Gold is starting to disregard the weekly U.S federal Reserve rhetoric. I still believe Red 5 is in a good position going forward and with the SLR joint venture the new company will see .55c within 1 week after the announced merger and full trading of he new entity is started.

"Red Lake": (Red 5 and SLR) to rocket along with Gold when the merger is done and dusted.

P.S I could be wrong with .55c we may achieve it sooner the way things are going.
Red 5 looking good and I am happy with my investment.