Morning ALL,Well gold did not hold onto the $1850 mark and got...

Morning ALL,

Well gold did not hold onto the $1850 mark and got sold down to the $1820 level, still well within its current trading range . The Aussie dollar fell below the .70 cents mark and this helps cushion the impact on Aussie gold price currently trading at $2620 per ounce so down a bit but still a very healthy margin of profit for FFX.

It always helps to cast an eye over your holdings in times like these. Check out the usual fundamentals cash on hand, how much debt is on the books etc etc.

Remember that both FFX and LLL are fully funded until they are cash flow positive, their resources are open to big upgrades, gold is the best inflation hedge (history has proven this time and time again) lithium wise we have the next big hard rock producer , number 5 in the world at start up and jumping to number three when stage two kicks in.

Let the algos do their thing in trying to scare people into selling, I will be holding tight and looking forward to when we are producing lithium and 200,000 of gold bullion. The rewards then will make todays events just another small blip on the road to future wealth. So at worst 'bottom draw' at best if you have funds time to top up.

ALL imo and DYOR
REGARDS
FINN