Quote Originally Posted by babymonster View Post
With the POG is looking weak, might not be a good time to invest in goldies.
Unless they have Hedging in place or produce Gold in weaker currencies like AUD gold which is $1520oz you have even higher cost producers making $200-$300oz margin etc..but I agree if the US POG continues downward the sentiment will get worse least till the Qtr report comes out with 40-50mill gold producer making 7-8mill in EBIT for just 12 weeks work