re: Ann: CYL: Bendigo Assets Option Replaced ...
Hi all,
The Gold price continues its post-election climb towards $2,000.00 and beyond! This can only help companies like this one. Maybe by the time we see the first Gold poured from the NSW operation $2,000.00 per ounce will be an historic floor price.
I dare say the high grade ore from the Read Zone at the current Gold price will have a solid effect on the cash flow. With a good couple of quarters we may see the share price a little closer to those broker estimates.
IMHO! 'GoldNomics' is an excellent must see short video about gold and is self-explanatory for those with an open mind.
