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15/05/20
20:53
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Originally posted by Sweetsound:
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In current environment it seems share price won't be impacted either way too much until that gold is out and sold and revenue starts heading in. At present pretty much range bound - a pip here a pip there - regardless how much gold one has in the ground and regardless of gold price. The sooner they get to it the sooner that revenue flows in - current gold pricing is favourable - like share prices though - gold prices can also dip (or possibly rise further). Of course a good upcoming quarterly should assist in pushing it along. And now handover to the naysayers.AIMHO.
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"At present pretty much range bound - a pip here a pip there - regardless how much gold one has in the ground and regardless of gold price" Wrong again! share price of SKY , a pure gold explorer with no production in sight has quadrupled in the last 5 months.