RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Work starts on HurricaneGold needs to 'do it's thing' here as The Cartel is short of physical metal going into year end and Basel III. It is rigged to the downside and the smash is now on. Having said that there continues to be Sovereign sized buyers of physical Gold below $1,750. Most Goldbugs have had it wrong saying Basel III is bullish. Well it will be but not until the Boullion Banks have squared off their accounts!
As for mergers the irony is Majors need quality projects more than ever in a flat commodity environment. These companies are sitting on mountains of cash.
My bid is in and I am buying dips in TSLV now. I am not calling a bottom as I have no idea. The risk/ reward/ timing feels right to get my Auryn back. This is a gut wrenching time and no claims of get rich quick here. We could see panic selling again for all I know. GLTA