Meanwhile, Gold smashes through $1300 overnight, up over $40!!
Gold junior mining index (GDXJ) up another 7% overnight on record volume, and up 30% since the beginning of June.
Mt. Kare High grade indicated ounces 500,000oz x $42 = +$21 million of added value overnight (equivalent to 1.9c per share).
Steve Promnitz mentioned to me a few weeks ago that a driver was needed to progress discussions. Well here it is! It don't get much better than this. No excuses now.
IDC now like a rubber band stretched out, any good news and 'poiiing' IMO.
Note: my opinion and analysis should not be relied upon nor considered as advice of any kind. Please DYOR.
Meanwhile, Gold smashes through $1300 overnight, up over $40!!...
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