RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:sold some moreButterBalls wrote: Goldbug52 wrote: fishcarrier wrote: ButterBalls wrote:
goldstd69 wrote: I have been selling into the recent rally but do think we may head a bit higher....could be a significant move but I am taking some profit ahead of the election...who knows...jmho dyodd
Absolutely. I think you should dump it all then find something that might do really well during turbulent times like a good profitable gold stock. Fats is going to get the boot. It wont be close. Hes toast. Choppy perhaps but good for gold. I think.
BB
I didn't sell. I expect very good news in the way of both production and gold price sales any day next week. I haven't seen too many guesses, but I suspect production will be over 400,000 ounces and the pog about 1920 - $200 higher than last quarter. They may even raise the divvy. After that I may sell. The good news should give KL a significant boost. If I'm going to pay taxes, it might as well be on more rather than less gains. Share price next week? Well above $70? Stimulus package in the works? Up she goes, is my expectation, but I've been wrong 100 times before.
Fish I like your thinking! I think results will be out after market close Monday so as not to give the US an advantage over Canadian investors (TSX closed due to Canadian Thanksgiving). Think of it as a Thanksgiving gift for all KL holders :-))!
Fuel price still down 30% yr over yr.
McEwen said 25% of aisc. Fwiw.
BB
KL should have hedged a large portion of their fuel costs earlier this year when the price of oil was way lower. It couldn't have gone any lower reasonably said and would have had an even greater impact on their profitability!