Yes, I do like it very much even I never buy it but inherited...

Yes, I do like it very much even I never buy it but inherited it.
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IAU is not one I directly got from the market but inherited from one of falling knifes in my dirty cheap fish, E##. I had written off it to recognize the loss in 2007 I guess. It was not big issues since the dirty cheap fishes have greatly rewarded me with nearly fourth time profit in about 3 years.

However IAU took E## over and keeps my capital seeds in the soil again. IAU is a new gold producer with $50million in cash and excellent low production cost, something below $400. Its board is a group of people who tend to play the gold production and exploration with the strategic views and tough risk control, which irritate the quick hands of the traders very much. It is my understanding that it seems prefer to crawl steadily and decisively and never lose the vision to put the balance sheet in a excellent position. Its gold exploration and mine in Indonesia is fabulous even some geopolitical risks but seems no conditions to make big trouble to IAU. Its WA gold mine seems be able to extend the life more than the market expectation. It is at a fabulous position to get the choice the future would give to it and stronghold for its existing value against the winds.

I would put more time to understand it and take it as a example for a quality to be underpriced greatly. I need to know the value. I need to know the quality. I need a lot of weapons from my mind arsenal to deal with different market environments and personal conditions.

To IAU, I do feel it just needs a trigger to push it into the dollars. Yes, its price should keep to crawl in a channel before its value and potential to be recognized by the market crowd. What could be its triggers? Gold shoots up if hyperinflation turns to make the market as whole to worry? The clear image about the extension life of its WA gold mine which could extend the profit of IAU greatly with all of the existing production facility? The feasibility study full end of the Indonesia gold mine and show great future for profit?

Hopefully all of these triggers could be released in one time. Dream? maybe but who knows. It is not too bad to have three dirty-cheap fishes I could bet on which have been filled with enough the explosive powers, my initial capital and the paper profit.

I do want if I am right the resource should be enough to give me life turning point. Otherwise let the life follow the old track and find fun with the old track.

Life is good and should good since we could make it hopeful and enjoyable!

Life is good since it could be a great buffer in the worst in our life.