I was just having a bit of fun but now it looks like I will have to change my handle from Chuk to Gonads :(
Love the move in gold last night.
I still want to see it higher, but its certainly looking more positive.
Gold stocks should do well today.
HUI up 1.7%.
ABU specifically;
Like to see the assays from GH sheeted veins, and hopefully more drill results showing further multiple parallel veins along strike and depth.
Considering how high a grade the main vein is, it would be surprising if most these sheeted veins do not have mineralisation.
I'm like a kid before Christmas right now waiting for the next batches of drill results, updated jorc and scoping study and hoping markets can hold up for the rest of the year or at least until gold makes a new high in which case general equities will not matter as much.
A new high for gold is not that difficult to achieve.
POG is only 14% off the 1900 high (or it needs to rise 16% from here to get there).
Not as far off as it might seem over the last few months.
chart from netdania.com
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- well done
I was just having a bit of fun but now it looks like I will have...
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