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Thread: Gold Juniors

  1. #501
    FEAR n GREED JBmurc's Avatar
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    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
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu

  2. #502
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    Blood bath this morning in many goldies in fact even worse than yesterday in some cases, which is surprising seeing gold was unchanged.
    No bounce I so & shorts pounced. ;-)
    Some have held reasonably well & the premium has widened a little for preferred stocks such as NST & MLX vs others.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  3. #503
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    BDR mkt cap re A$203 mill, (i hold) the exception today with their announcement re currency. The Gold price quoted in brazilian real approaching 10 year highs and re 90 % of BDR's site costs are in Real. If the current BRL gold price is maintained revenue will increase by US$37 MILLION!!! . S/p responded to announcement and was up to 28c but now drifted back to being flat for the day. Many other Goldies off their lows now,.

  4. #504
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    RSG and RMS were pretty bad today.

  5. #505
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    I would suggest we are getting very near a bottom, however USD strength is quite incredible at the moment.
    I still think a strong dollar is going to hurt the US economy & we will see some fallout from that.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  6. #506
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    The U.S. economy is mainly about domestic spending, that's why Yellen doesn't really care about the high US dollar.
    Quote Originally Posted by Daytr View Post
    I would suggest we are getting very near a bottom, however USD strength is quite incredible at the moment.
    I still think a strong dollar is going to hurt the US economy & we will see some fallout from that.

  7. #507
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    I think you will find the DOW etc will though.
    Corporate profits will plummet from multi nationals & then is the impact on oil & the masses of debt associated with shale.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  8. #508
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    @Daytr, did you know much about primary gold (PGO)?

  9. #509
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    Nope never heard of them
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  10. #510
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    Ok, it might be just to small...

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