gold price and project timing, page-2

Roboshan, couldn't agree more. People should focus on What is right or wrong not who is right or wrong. Let's have a look at a few things that are happening at the moment. The following is not intended for you but for a few individuals who seem to take great delight in detracting from this particular company and it's management and I must admit that I am getting a bit sick and tired of their constant bleating.
Fact : The price of gold is rising in $U.S. and AUD $ terms
Fact : The amount of gold being produced worldwide is declining
Fact : The amount of gold being purchased is increasing
Fact : The price of oil is rising
Fact : With all the exta petro dollars coming into the worldwide economy that money has to go some-where, gold always has been a safe haven particularly when inflation is quite likely to rise
Fact : The U.S. reserve are reducing their interest rates to bail out the "institutions" who loaned sub-prime which will put more pressure on the U.S. dollar and see a further reduction in the value of the U.S. dollar and increase the price of gold
Fact : View Resources produced > 17,000 onces of gold last Quarter
Fact : View Resources produced some 8,000 oz of gold in October

According to managements figures for every $10 increase in the POG, that adds $5,000,000 to the bottom line, yesterday that equated to $20,000,00
today that is in excess of $25,000,000

I don't intend to get into a debate of puts or warrants or whatever the clever ones want to discuss . I'm just looking at the here and now and quite frankly, it doesn't look too bad at all

Regards