RE: News coming? Too late!! I've been back for a week. Better sell BP as I'm on the bid at
.43 and
.45. There's over 200K on the bid down to
.41 and about 160K on the ask up to
.50 including a 100K block at
.50.
Nice to see some trading anyhow and nice to see that Pinetree is still nibbling away but based on history they'll probably be selling once we get back up over
.80.
Here's hoping for some stable markets and some news next week and maybe we can get this sucker back up to the
.50 -
.60 range. I hear things are going well on the ground in Mali.
GLTA
PS. BP, sorry if I hit a nerve re: "licking KGN inflicted wounds" . I was intended as a joke but in hindsight I may have come off as sounding insensitive. The fact is I'm licking a lot of wounds as well as probably are many others I'm sure. 2011 was a brutal year for me. As mentioned several times you were fortunate KGN held up as well as it did for so long. With that said I also still maintain KGN is a marginal investment right now. It should certainly be trading north of where it is but IMO it will take a big new discovery area or gold over $2000 to get that sucker back up over $7. Deposit economics are just too marginal IMO. Based on comparitive fundamentals I'll take AGG any day over KGN. My opinion only and I don't expect you or anyone else to agree.