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News due and sentiment changing?????, page-54

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bloomingruby

4,289 Posts.

29/09/14

12:47

Post #: 14042969
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Originally posted by vertigo ↑

"Vert,so gold just regained the $20 it has lost in the last few days,and you think that is something to crow about?"

No, the fact that you proved once again that you were wrong is something to crow about, add it to the growing list I suppose.

"look at the gold chart and it is obviously in a downtrend and while it will have up days or weeks,it is still trending down."

It depends what time frame you want to look at, over the past 12 months it has been range bound between $1200 and $1400.

"A respected gold analyst in today's paper is tipping $1050 per ounce by end of 2014,and looking at the chart seems a fair call."

The analyst may well be right. In that case the gold price would be around $1200 AUD, and as the mine was previously producing at a cost of ~$800 AUD, there will still be plenty of profit.

You may want to try independent thought instead of relying solely on the opinions of others.

Expand

Coal is dead? Hmmm, not yet.

Neyveli looking to Australia for coal to run new projects.

http://www.business-standard.com/ar...e-indonesia-and-australia-114092600708_1.html

"Neyveli planning to acquire coal blocks in Mozambique, Indonesia and Australia. The company has said that it would require around 10 million tonnes of imported coal, besides the coal allocation in India."

B Rubes

MNM Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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News due and sentiment changing?????, page-54

Top Stories

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Utah authorities sign off on Anson's lithium extraction plans at Green River

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

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