gold, page-6

I have followed this one very closely as well. Never have been bold enough to jump in as I believe there are better trades presently elsewhere.

I am a long term gold fan...and this is one I will own. My reasonung goes like this -

a) they have volume at very acceptable grades. Anything over 100+meters at 2+% is a great hit.

b) they are in a low cost area, so profitability should be very attractive

c) they have a heap more to explore

I guess the resource size will be i mportant. But so too will be some metalllurgical work...getting out of the rock that which has been found trips up many...