AUL 0.00% 28.5¢ austar gold limited

haunted stream golden opportunity, page-28

  1. 4,255 Posts.
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    "One game changer will be environmental protections in China. Same thing happened with IO, many dirty mine were forced to shut down and like wise the gold mining industry producing 400-500 T a year is about to get a lesson in cleaning up that will shut alot of them down. Demand is only going to go up and cost of mining gold are only going to go up produce a perfect storm for demand/cost driven prices."

    I am no gold bug but I do like to watch world markets, gold price etc, I found the above quote from the gold forum interesting.....

    I suppose it's a 50/50 bet for the LT gold price and I am very glad we have shallow good grade gold....exposure to gold could be a positive if gold does either holds or goes higher??
 
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