bottom has been and gone...my thoughts, page-2

I couldn't agree with you more pcash.

Their target of 54,000 ozs for the next 12 months will see them earn about $22,500,000 per month after cost of production is taken out. That is a very conservative estimate of $500 per oz profit.

With Aus gold going higher this could easily go up by half again or even more.

So even on my conservative figures this stock is a goer.

If I had some spare cash I know what I would be buying. My avereage is 6.6cps so I have a bit of ground to make up. If I could get more around 3c I would be very happy.