Hey Strato, a rise in the price of gold will probably destroy...

Hey Strato, a rise in the price of gold will probably destroy them since they have to deliver 200,000 ounces in the next two years at $610 Aussie. If they can't deliver , goodbye

I am buying at 8.4c today because I believe the price of gold is going to collapse before its big run! PSV can then close out its hedge book and reverse the massive loss.Of course you'd be nuts to follow my theory.

Stawell is a good mine, when the grades are right its a cash cow. Like any underground mine its has its good and bad quarters

As for the merger, the only thing PSV needs is capital. BDG has the cash. You'd then have a fine Victorian gold company with three operating mines in a couple of years producing 500,000 ounces per year unhedged.

In reality the only decent gold stock to own is DOM. I'm only buying PSV out of traders curiosity