RE: Right you are 1,000,000 ozs 2008Do targets really matter?
I'm not selling in this short term gain today. That's for sure. I have accumulated quite a bit recently, and will gladly hold and wait.
Look at the 5-year graph. With IMG growing, and the pog heading to new highs later this year, where do you think IMG will be in 12 months? How about 24 months?
I'm almost certain we are in the middle stages of a long-term gold bull run. Eventually, gold will pop dramatically. I mean $50 + day jumps. We're not there yet. You will see it coming soon though.
Believe me when I tell you, IMG will be dirt cheap under $14 when this happens in the next couple of years. So don't sell out with a couple of hundred profit, and risk losing 10's of thousands.
Good luck all IMG longs