PGO 16.7% 14.0¢ pacgold limited

News: Interview: Management update – Coolgardie acquisition, page-26

  1. 5,336 Posts.
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    Were these the big investors you know who are connected into PGO?

    Would be more interested in specifics to Coolgardie or Bundy than generic world gold commentary... I can find any number of articles from 'learned' sources that are positive on gold macro to counterbalance waiting "weeks" to pick a macro bottom for entry to a near-production mining company

    The Hindu business news is a reliable commentary on gold, the Indians are known for their large gold buying for jewelry;

    http://www.thehindubusinessline.com...s-on-disappointing-us-data/article9072504.ece
    "The global gold spot prices fell to a low of $1,302 on Thursday and reversed sharply higher, recovering all the losses made during the week to close at $1,325.... US non-farm payroll for August, which increased by 1,51,000 as against market expectations of a rise by 1,81,000, eased the pressure on gold prices. The weak numbers have now diminished the possibility of an immediate rate hike in September."
 
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