If anyone interested in reading the article concerning prediction that gold price might reach $1,600 by march 2011, go to http://www.goldprice.org/. Earlier I extract part of the report which might infringed on copyright and that is the reason why I withdrew my earlier post.
As a gold producer by January 2011, then that would be a boost for the SP.
Yes, it is shocking to see that SBL got hammered yesterday, a lot of trading gone through at 2.8cts. The good sign is that it is still holding quite well knowing that a lot of gold stock being hammered.
Just an update on trading since new big issues flood the market on 8th.Nov. See when is the turning point if there is one. Today should be interesting if it still can hold to set a stronger base.
8-Nov 76,348,551
9-Nov 34,563,783
10-Nov 64,640,980
11-Nov 34,037,787
12-Nov 93,788,266
15-Nov 49,791,802
16-Nov 18,202,034
17-Nov 24,871,739
18-Nov 0
19-Nov 0
Total traded 396,244,942
New shares 496,681,856
% traded=> 79.78%
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