RE: Interesting couple of daysSo.... any buyers out there today? I went golfing and forgot about the market. Going salmon fishing next week and will also forget about the narket.
The gold equity market should be very strong for the next couple of months. Summer is over.
The projects that SMF have planned were all done so forcasting $1400 gold. Somehow I think the economics are much better now.
If you have been around SMF for as long as I have you will know that the first production at Samira was hedged at less than $300 per Oz..
Appears that the timing of the new projects couldn't be better.
Wes