RE:SP Performance?
Timmins could survive 900-950 gold if it had to. Right here we`re making 350 - 400 dollars profit per ounce. This was proven by an analyst who put some companies thru a stress test when gold broke 1200. Don`t know where gold will be in 5 minute never mind 5 months. The so called pro`s don`t know either. It`s an educated guess at best. Best of success. By the way. My constant due diligence tells me it will go higher. I wouldn`t be so arrogant as to say what price. I hoping for back towards 1700.00. Well ok you draged it out of me. I show it`s going to break $2000.00. China, India Russia and Asia are the major buyers. They plan to throw away the dollar as a reserve currency. They will back their currencies with gold. The U.S. will either join them or become what they used to be. At the same time I expect the COMEX and the LBMA to become obsolete. They will settle their last paper gold contracts and close shop. They will have run out of gold at that time. The U.S. will still be at QE whatever and their debt should double from here. Best of success.