RE:POP Replay1. did gold prices fall 70% when i wasn't looking? POP got crushed by a black swan commodity slide, if oil was still at $100, pop would still be in business. could that happen with gsr? well sure if gold falls by 50-70%...is that likely to happen anytime soon?
unlikley....but anything is possible, dont own any gold if you think that happens.....
2. 11 drill holes on Plateau, all show gold, 98% recovery rate, greater knowledge of the specific deposit. clearly a lower result that some shareholders wanted/expected ($300k worth of stock sold ie peanuts), drill holes weren't dry and they werent .05g/t or .10 g/t like many companies show.
lucky strike results to follow...
3. gold catching a bid, lots of political uncertainty, italy, france, netherlands and germany all have elections next year, rise of the right happening over there could cause a wrench to be thrown into germany etc, global debt now double that of global gdp, unfavouable global demographics/immigration causing zenophobic and a market that thinks central banks will always be there to save the world.....i dont think gold will fall by 50%
i get the speculation, but results today really werent that bad...perhaps we will see some insider buying....