Post by
givemeabreak1 on Jul 10, 2023 11:29pm
Out Again!
Might be wrong but this is the 5th time I have been in and out! Nothing ever wrong with taking profits! Sorry longs I am not a basher just now want it to go lower again to re-enter lol!
Comment by
kegman on Jul 11, 2023 8:00am
My traders are still in my cache. I hope you are wrong. Steady leg up if AISC is decent. Those in the know will buy if that is the case. Shorts are still down yet again. Where is gold going? AS long as it is above $1900 we should be making good return.
Comment by
OCB1234 on Jul 11, 2023 11:01am
Time to knock the US Dollar off its perch. It's long overdue.
Comment by
OCB1234 on Jul 18, 2023 10:49am
GMB - You might want to get back in again before the Q2 Financials, which I expect to be very good, are released in the next 3 - 4 weeks.
Comment by
givemeabreak1 on Jul 18, 2023 10:06pm
OCB Might kicking myself getting out early but never hurts to take profits and that is my 6th time in and out for profits so doing well with the timing generally. Based on production you could be corrects as far as a good quarter. That said, there are alot of additional costs so while revenue will be up considerably from last year profits might actually be down!
Comment by
OCB1234 on Jul 19, 2023 6:27am
Agreed, GMB. Hopefully, the elevated gold price and increased production will get the AISC back down below $1,400 again. Seems silly to have that as a goal, but that's where we're at right now and the sp certainly reflects it.