Recent announcement/s re PFS stated forward estimates on resource factored a gold price at $1700.00 Aus.
This seemed a long way away when gold was at $1590 last week.
I will try and not put the hex on things but, Gold is surging again tonight, as I write gold in Aussie $$ is up another $43.00 to $1699 Aus an ounce.
If Aus $ drops further as experts are expecting over short/medium term these forward looking estimates for the PFS may become conservative, and redundant ...very quickly.
IMO if gold up trend continues over the medium term this will equal a mint for Gruyere and a bonanza for GOR shareholders.
Good luck to all holders.
Cheers and .....goodnight!
Aussie.
GOR Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held
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