This 2 day sell off seems completely over the top. Now down 7% or thereabouts....
You would think we are talking about a production shortfall of 400k to 500k ounces.....
Refer - http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=BC37F862-CAC4-35AC-8C493521617511E4
"Consensus ratings drop from $42.97 down to $42.59"
Wow!
JPM sees unit costs rising from $578 to $600 but the rise in aud gold will more then offset this..
Buying opportunity with aud gold at these levels.
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This 2 day sell off seems completely over the top. Now down 7%...
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