Good news in latest finds continues and clearly the announcement indicates this gold is not just a lucky strike or occasional streak. It's very impressive the way BLK management plan their exploration so scientifically based on loads ( and lodes) of existing geological data and their metallurgical experience ( from s future processing perspective) is evident too in the announcement regarding the quality and base load usage.
Accumulation opportunity time now in BLK for institutions and value-driven investors.
AUD is probably over-valued at current level as insufficient weight to Australian trade imbalance and national debt growth levels. Stabilisation of UK pound by perception of Theresa May as strong PM has steadied currency markets for now.
IMO, even if POG falls in USD,the AUD still remains vulnerable to any revelations that emerge from China.
BLK Price at posting:
84.0¢ Sentiment: Buy Disclosure: Held
