Hi all, sure costs are up but gold is just getting started here. Management have obviously done a great job in difficult circumstances.
Paulsons will be cracker and they are close to production already. The mine will outperform as discussed previously by other posters and indicated by the company highlighting additional mineralization.
The Chinese are all over gold as they understand it so well. The $9M already received and the $6 will follow; as if they would send $9M and then shoot themselves in the foot? This is a done deal and we will find out soon. I want to thank all of you for posts, many of which are informative and all are welcome as indication as to how people are feeling. The close today tells me this bargain will soon be performing.
This is the gold rally we have been waiting for as the breakout from the 4 year price compression. I have been tracking gold and associated information for clients over recent months on the imminent breakout and here it is. Silver breaking out tells us the shares are launching too.
Here is a special chart I prepared about a month ago showing the XGD divided by the AUD POG. It quantified for clients that the gold stocks were ready to launch. This is a chart of my XGD$Au ratio. The XGD is a different animal from years ago as NCM is gone, leaders also picked up loads of new mines this past decade or so. The weak local economy, bond issues and AUD are our friend as gold stock investors
GLTAH CW
So happy to have picked up more and traded this gem of an opportunity. This is currently my biggest developer position.
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Hi all, sure costs are up but gold is just getting started here....
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