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Alhambra Resources Ltd. V.ALH

A gold exploration company


TSXV:ALH - Post by User

Post by knight121on Sep 24, 2013 4:31pm
203 Views
Post# 21764329

Interesting Possibility

Interesting Possibility
It has been quite some time since the price of gold and the ALH stock price have had any correlation with each other, and it can be surmised this may hold true for the forseeable future.... however, there is an interesting possibility that the expected financing in play may be realized virtually at the same time as the gold price puts in its expected bottom ($1000/ oz) in the next few months.  If this takes place, the momentum of a positive event taking place within ALH could additionally feed off of the meteoric gold price rise after hitting its multi-year low.  The respective rise in the ALH stock price then could be exponnential.  Sure would be nice to see ALH benefit from some great timing, its been a while.  Not a prediction, not even a hope...just an interesting possibility.
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