RE:RE:RE:RE:RE:RE:logic might say a rallying dollar and an overbought KLGold has traded over $ 1300 the entire year thus far in 2018. This hasn't happened in a few years. Last year we began to drop in March-April back under $ 1300. Year over year revenue #s will be huge for companies like KL. $ 1260 for KL is fine... Their AISC was $ 833 OVER budget/guidance range for Q1 2018, but wait until the next 3 quarters. You better cover your short after making 2 quarters/50 cents. When Swan kicks in they will be way under $ 700 AISC probably closer to $ 650. There is no other miner out there that can generate this kind of net income. JIN
prouditalian wrote: yiou say imagine gold is back at 1360 but what about amagine gold is at 1260 or lower?
i see 1300 breaking in gold and thus am short the most expensive miner out there which is KL. So much profit on the table to book here and once a break of 1300 happens, sellers will come out in droves as will shorters.