Thanks for your posts Chuck, very helpful. With all the graphs...

Thanks for your posts Chuck, very helpful. With all the graphs and figures it does have me scratching my head sometimes and I do think the future POG is anyones guess.But I do like the simple equation of 15 to 20% rise in POG equals a 100% rise in profit/shareprice for most miners.Now that is maths I understand and that is for "most miners", ABU has has much greater upside than that with its low cost, high grade resource. And I suppose the reverse is possible, a 15 to 20% drop in POG say $1200 and then you would have a lot of mines on care and maintenance but ABU still making good money, if that happens people who like gold might dump their other goldies and jump into ABU and we might still have a very good shareprice in a down market.Long term hold for me, Good Luck to all.