Inflation didn't really get back under control (that’s 2-3% range) till the early 1990s when the Reserve Bank began inflation targeting. As for the POG, I think it’s helping us a lot in the sense that it’s a lot easier buying up more shares when the gold price is rising strongly. I think it’s creating a lot of interest and has gone up about US$400 since October. I understand what you’re saying about us not being in production, and will likely be low cost, but we’re not that far from producing and $400 US an ounce is a lot of moolah for any company. I know for sure that every night the POG has risen strongly we get a strong leg up in our share price the next day. Ultimately, I agree that the main game for us is Never Never - how big can it get, and are there any other lookalikes on our tenements.
SPR Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
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