GREY:ABGFF - Post by User
Comment by
bizwizon May 25, 2012 10:20am
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Post# 19945785
RE: Low Production
RE: Low Production Good to know... The problems most probably are temporairy. My current concern involves the large oil inventories which will signal not only a drop in the price of oil but also probably in gold . Despite being a novice (the name bizwiz is for the cheezy stuff ! ) I did grasp that historically the price of gold tends to follow the proce of oil at least once considering the market momentum in the general sense. While I can't see Bonanza go down to 20 cents , I'm certain that there will be some action despite the optimistic stance shared by most once considering the solid fundamentals giving value to this stock. Irrespective of the short term results, once considering the actual profitability of the undertaking, the equity value will be supported by the solid results.