I agree with you about Coyote, Salt. As the gold price rises it becomes a more valuable asset. It might be that the timing is just right. The POG in $Au terms is only about $80 off its all time high in Sept 2011, so many companies will be in for serious cash balances if it keeps trending up. What if the POG in $US terms continues to go back towards its all time high as well.....that would be up to another $720 US an ounce more ( $1,000 Au). What would that do to the sector? History shows that anything can happen. $US gold went from $1,490 on July 5, 2011 to $1,911 on Set 6, 2011.
Good luck to all.
PB
I agree with you about Coyote, Salt. As the gold price rises it...
Add PRX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.294M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 200000 | 1 |
View Market Depth
| Last trade - 09.42am 05/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |
Day chart unavailable