Share Price !, page-76

im guessing the results are not exceptional, or they are hanging on them being returned from the labs
the SP would suggest it might be the former.. ok but not stand out


gold is still getting the shit beaten out of it.. oversold right now so due a bounce, but i kind of expect it to test 1700 -1690 area after that.. and potentially even high 1500's if that support gets broken

in a real world where prices arent manipulated, gold would be multiple times higher, but for now we are in downtrend, and the XGD has already priced in the fall, any further drop is weak hands falling into strong

now i wouldnt be adverse to a 3 month hedge given 1780 has broken.. i was never adverse to hedges per se.. even though i argued against the last one, but right now, when it bounces a short term hedge (3 month) around 1750 to 1780 wouldnt be a bad idea.
contango has been broken, and until it breaks that downtrend .. protecting profitability should outweigh speculative upside.

anyway we are due our quarterlies..not expecting any upside surprises, given we are milling the lowest grade of the schedule, and not expecting upside in the exploratin results given no early releases.. I think the SP agrees with me; its already priced in