Morgans expect gold to hit $2500 this year with $2600 next. It could exceed this with demand of course. Markets correcting as expected. Nasdaq can still drop another 10% without any issue. Gold held up given last nights action. Debt due any minute. What ever the cost of that debt is, it wont matter imo. The margins and small debt package will be paid off before we know it.
I am looking for bc8 to be debt free and sitting on a pile of cash end of next year regardless of markets.
Ann: Kal East Gold Project - Myhree First Ore, page-32
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