bilbar, yesterday was a scare. Brings back memories of 2008 but the situation between then and now is different (thankfully). Same debt ceiling garbage coming up Q1 2013 !!
BHP is a sell on my screen at the moment so best of luck.
Interesting that while the AJO dropped 4% most gold miners didn't fare so badly. I thought that CRC was quite resilient under the circumstances. Many gold species got smashed.
CRC has a backbone.
On the strength of a NSW mining permit, freehold land and a proven resource a debt/equity finance package looks very reasonable.
Best that CRC holders remember that this is a 'gold mine' and as such should get preferential treatment from the market.
The future for gold is inversely proportional to the future of the USD.
Something else to consider: when the RBA sees that inflation is dropping it will lower interest rates. The AUD will drop. Our gold is worth more.
There's always blue skies above dark clouds bilbar.
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