RE:K92 2019Noticed you are very fast to call a poster out "credibility" etc. You are "tired" about hearing about the PNG government which is a lot more revelant to the sp than the US Fed adding 50bil a month to their balance sheet. A quote from one of your previous posts " Gold could move up to $1,600 over the next six months as the US government has started a Q4 through meeting bank REPO requirements. That means the printing press for dollars has been turned on, but that is how they are fighting a liquidity crisis.
Gold up, ore production up, with average management the stock price could reach $3 (US) by the end of next year.
Again harping on the Fed! Now you will be disappointed if the sp is not $2.00 at year end. Quote from 560nd (YOU) on t the investorboard "With all the world tensions and the US now in Q4 I would expect the stock to hit $2 (US) before the end of the year. If not, I will begin to worry
if this is really going up to $5 or $6 in 2020.
LOL! The sp at year end has nothing to do with anything! The most important issue holding this stock back right now is the geo-political risk. Once this short term disturbance (hopefully) is clarified (or the drilling/production/ and aisc are so overwhelming), this stock will fly based on company specific performance. The worldwide debt/political instability will keep the gold price up.
In my opinion you 'Your credibility has just dropped to zero, or maybe like the new interest rates, somewhere in the sub zero range."