Gold is expected to rise to $950 by December of this year (according to the article below). Sounds feasible and should be great for ALD, especially if they can show that things are back on track as I believe they are now. If they could pay out their loan and add a few good sulphide hits that could even get them back to a dollar before year end. Now wouldnt that be nice!
Remember also that Barrick should have started making swiss cheese out of the other islands by now.
von.
http://www.bloomberg.com/apps/news?pid=20601012&sid=abv6J3EnBf7s&refer=commodities
Gold is expected to rise to $950 by December of this year...
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Last
$32.80 |
Change
-0.260(0.79%) |
Mkt cap ! $7.816B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.10 | $32.37 | $72.85M | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1535 | $32.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.80 | 150 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ALD (ASX) Chart |