Who knows an 8 fold increase could happen Chuk but instead of a huge spike in the price of gold,which would be a result of huge economic hardship returning again to most countries I would be happy to see gold rise steadily with buyer demand due to the world economy improving, it seems the demand is there and should only improve in the good times. I know there are around 700 million chinese women,about the same amount in India and the same again in the rest of Asia who would love an ounce or two of gold dripping of them,( and most of the men too.) If gold gets back to $1500/ 1600 oz that would be great for ABU at about $1000 oz profit, and we can still hope for a bonanza strike to rocket the share price even more.
ABU Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Not Held
