IMG reminds me of my wifeOur accounts are growing every day, due to holding Gold and Trust stocks. But she still likes to complain about markets being very unstable. Says it's like gambling.
Fine. Could be argued. But I think the bottom line is: if Gold rises to $1,000+, who cares if Costs go up another $10/ounce.
I never did think we'll see $1,000+ this year, but the US$ looks like it still has more downwards move to go. Gold Currently $934 and rising.
So place your bets people. And don't be surprised if IAMGold is taken out soon too. $1M ounces/yr is worth taking a crack at, don't you think? My guess would be around $15-16.