Sabre Gold Mines Corp T.SGLD

« Wall Street sees gold prices challenging $2,500 next week

[GoldenPolarBear]

"... 

Wall Street sees gold prices challenging $2,500 next week, Main Street sentiment is more restrained..."

"... “I am bullish on Gold for the coming week,” said Colin Cieszynski, Chief Market Strategist at SIA Wealth Management. “The US Dollar appears to be backing off a bit along with treasury yields. Also, if it does break out over $2400 resistance, technically that could open the door to a potential run at the $2,500 big round number.”

James Stanley, senior market strategist at Forex.com, also believes gold has further to fly in the near term.

“Bulls put on a show this week and the move was pretty clean for the most part,” he said. “That continued the breakout from the falling wedge/bull flag in the prior week, and this week was all higher-highs and lows with a really strong move on Friday morning.”

“Chasing fresh highs is always a challenge but the 2400 level has quite a bit of reference given the tests last month, and so far on Friday there’s been indications of acceptance above that price,” Stanley added. “This keeps the door open for a possible run up to $2500.”..."

https://www.kitco.com/news/article/2024-05-17/wall-street-sees-gold-prices-challenging-2500-next-week-main-street

[pftmkr]

It is time that Sprott and the other big sharholders get together and fund this project with Gold at over 2400.  I think I remember a 1.3 year payback with Gold at 2,000.  It is reediculous sitting on this project with the approvals for the project "in hand".  What is the payback with 2400 Gold?