Normal
Still watching, waiting.Gold consolidating nicely. The producers with no hedges and lowish ASICs are going to come out with some spectacular profits in the next couple of quarters with gold just hanging where it is. Thinking about jumping back in.Unfortunately I was out of DEG when the inevitable TO came through. That was only a matter of time. Would have been better for holders with a cash offer and not script. Now just going to waiver with POG and NST price. Maybe Ignico come in with a cash offer.Trying to check what might be next in the gold M&A world and the only obvious thing is PRU taking PDI, but West Af disruption might cause PRU to pause for a while until they've got some more confidence in the exploitation permit and the 'government'. Can't see what's likely in Australia.Overall went down about 1% last week because of drops in FFM and SVM.Updated comments.[ATTACH=full]189018[/ATTACH]
Still watching, waiting.
Gold consolidating nicely. The producers with no hedges and lowish ASICs are going to come out with some spectacular profits in the next couple of quarters with gold just hanging where it is. Thinking about jumping back in.
Unfortunately I was out of DEG when the inevitable TO came through. That was only a matter of time. Would have been better for holders with a cash offer and not script. Now just going to waiver with POG and NST price. Maybe Ignico come in with a cash offer.
Trying to check what might be next in the gold M&A world and the only obvious thing is PRU taking PDI, but West Af disruption might cause PRU to pause for a while until they've got some more confidence in the exploitation permit and the 'government'. Can't see what's likely in Australia.
Overall went down about 1% last week because of drops in FFM and SVM.
Updated comments.
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