RE:RE:RE:GOLD touches $1,800 this morning
braindeadoldguy wrote: I am very happy that gold is up. I hope it is not the scoop before the poop, lol. So folks, what do you think? The opening flash before trading was close to $ 9.00, and I am wondering out loud of the flow through financing is not putting an anchor on the price at the break even price per unit, which I think is around $ 8.50. Is the stock being held down? Under normal circumstances, I would have thought we would be looking at about $ 9.50 or so already with gold over 1,800.00
Cheers
Yes I think you are correct in your analysis of the stock. Once the financing closes it should be back up over $9 possibly $10 leading up to the next set of drill results. Just my thoughts but of course if gold goes for another flash crash things could go ugly for a day or two. I'm happy to see gold back up over $1800 so hopefully the trend continues.