With an Interest Rate cut possibly next Tuesday by the RBA, $2,400 may be easily achievable.
Gold has passed $1,580 USD on the weekly chart and may bring in more buyers next week who may expect a breakout. I honestly dont understand who on earth would be accepting 1.1 cents for their shares. It just seems like some really silly selling.
With Gold at these levels BLK can have a real doosy of a QTR for March and still make money. Some clarification on current production on announcement of funding may be needed to kick a rocket up the SP.
I'm expecting February to be an interesting month for BLK.
BLK Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held
