Shares issued due to the latest CR at 2.7c should be flushed out by now, if those SI's were just " Dummy Buyers ", and the converted oppies must be sold at least at 3.1c if those who bought oppies and converted don't want to end up with a loss.
Summary : Unless PoG goes down significantly there should be no medium term downwards pressure from here.
3 more fiscal cliffs like decisions are in store until the end of March, US debt ceiling needs to be rised again - plenty of money printing on the cards - PoG should reach $ 2000 this or next year.
Add to My Watchlist
What is My Watchlist?