Re. Goldhappy... Good post on mine explanation....I spent 32 years in the mines, on the maintenence side so understand it takes time, lots of mistakes, lots of money and lots of luck....hey unexpected happens.
One of my greatest concerns is the fact that idiots like....obama, getiner, bernake and the rest of the rulers central bankers... have control of gold prices...at least at the present time. Gold is priced in US$ and they need only sell paper gold to keep price of gold down. Gees the USA debt is approching 17 trillion dollars and the price of gold is lagging. So how is that possible?? sell paper gold. Can't let the dollar appear to be failing and if the dollar did crash for good what or where would we sell our gold shares? and for what currency?
The USA dollar is the worlds reserve currency so not likely some country would cut their own throat and trash the dollar which is their countries store of value..
The US buying their own debt, I don't think they much care about minipilating the price of gold a bit?
We have mines with good gold values, 2 mines at present and a possible 3rd mine in the not to distant future and I believe I recall that Tony said in one of the presentations that they were building a mid tier gold mining company....That takes time and a whole lot of dollars.
Lots of countries are now increasing their gold reserves as a store of value so one would think Gold price would be climbing? something has got to give soon and I hope it's in our favour.