BGD 0.00% 24.0¢ barton gold holdings limited

Ann: Ceasing to be a substantial holder, page-67

  1. 4,241 Posts.
    lightbulb Created with Sketch. 6386
    Morning all.
    @SilverFox88
    Here is another point that some are not looking at.

    When the gold price movement confirms that we are in a bull market that is here for the longer term LIKE WE HAVE NOW,
    which stock move first?
    Answer = producers, yay.

    Which of the producers move first?
    Those with the lower margins? Yay.
    Hang on, what?

    If the gold price is at $2000 and the margin is say $300, the gold price moves up to $2400, how much is the margin now?
    More than double.
    Haven't we more than doubled margins with what has happened to the gold price in just the past month?

    YES, yay.

    https://hotcopper.com.au/data/attachments/6100/6100670-87b71758c2ae298556e0d308bfdc2901.jpg

    Time for a rest and some digestion while the masses catch on and also while China now control the gold price.

    Kind regards, Wack
 
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