RE: RE: Good while it lasted....eom Just my 2 cents but the trend against this has been furious and the trend to move back up will need to be equally as strong in my opinion. I had the chance to speak with some guys close to this deal on an airplance over Peru a while back and I have always liked the story. The gold may prove to be in higher amounts at higher grades but it needs to be worth while to go after. The costs to go after the depth was the fear that started the panic from what I observed. Now imagine we do get that $2000 an ounce run on the POG in the coming months or years, you may have a silly grin on your face if you loaded here at these levels. Just a though.
PS. I currently don't hold any shares and do expect a bit more downward pressure and if I do buy back I will sit on them for 12-24 months, but in reality that may not be long for a 10-20 or even 50 bagger, who knows. Of all the cheap V stocks in the gold sector around 5 cents this is the only one I am not scared of lol.
Cheers,