Ounce in the ground thinking can only be applied at the height of a Gold boom.
We're in for a month or two of headwinds on the Gold price before "the Entrée".
If you get the sequence right you can sling shot to huge profits in the coming Gold boom.
I am thinking a great trading sequence will be:
- ASIC (we're back here now)
- FCF (Q3 2016 we got here)
- EV/Production (A$/oz)
- EV/Reserve
- EV/Resource *
- Next drill results
- Some time around 2030 sell gold miners and buy beaten down bank shares