This week is critical to tell if the GP will breakout in this mini cycle. We are looking for higher lows above $2400, the highest point of the last high, and then a parallel jump up, as seen below
Some experts are discussing $2500 to $2700 as the resting place for this cycle with $3000 to $7000 being the zone longer term (2-5 yrs) ATH’s.
This all bodes well for investment in junior Gold miners and puts WWI more in the drivers seat beyond the IDC.
Bring it home Mr Chairman
Chairman (Director) on a 6 months Performance Plan/Notice due to an inability to start mining, page-472
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