On A Positive Note...This is the first month in a long tme that I can remember that the entire month trading above $1,300 per ounce. We are moving closer to breaking $1,360 and headed to $1,400 in weeks. Why you might ask? Take a look at these charts:
https://twitter.com/search?q=peter%20brandt&src=typd Break in DJIA Parabola
https://twitter.com/DawesPoints/status/958498495123501057 Gold Price w Fed Rate Hikes
https://twitter.com/allstarcharts/status/958547505439887360 Best 8 Year Gold Chart
https://twitter.com/fbx258/status/958603180719341568 Divergence of HUI and Gold Price
https://twitter.com/search?q=dxy&src=typd DXY Monthly Chart
Looking forward to KLDX Guidance. I estimated a coule of weeks ago that the cash burn not including Cap Ex for True North was close to $5 million a quarter on current run rate. If KLDX grows production out of Fire Creek and Midas, brings Hollister from HG zone into production than 2018 should be a very nice year. I think it is obvious that they are growing their reserves with the latest flurry of releases. Lets hope AISC lowers greatly after putting TN on ice. The gold price is looking to break out. Re-read the charts if you have any questions.
Best of luck to all except the shorts in this stock.