mgk out-performs asx

Market down 113 points. It's a sea of red. But MGK holds it's ground.
That's promising.

Gold just smashed 1700. That's also promising!

We're also about to start drilling. And my guess is that by the time results come out the world markets will be well into recovery mode and QE3 would be causing markets to be buoyant again. Ofcourse QE3 = more money printing = higher gold price.

Looking good from where I'm standing. I know where my profits from the US puts are going, MGK all the way ... and a bit more physical won't hurt ;)