Miners had a good day today . This week we have seen the gold price consolidate recent gains . $1300 per oz is now in sight. Just need to see a little bit more volume here in the short term to move the share price to new levels. Get interested and do a little research and realise that this now a completely different beast to its previous incarnation as Hambledon Mining. Get in now as IMHO we wont see these levels again with this management team.
Loads of plus points for the herd Gold Producer Historic highs of investors sitting on cash and low yielding bonds ready to jump in to gold investments Investors flight to gold during period risk off / volatility Short term news flow due in this qtr and next qtr Small volumes drive relatively large price moves making it a potential great play for the casino players Perhaps the most attractive aspect of this is that it is undervalued and under the radar.
Loads of plus points for both mid to long term investors. Newsflow Already producing Funding plans Mine Development plans Aims to be mid sized gold producer with increased output Rising gold price Experienced and well connected management team
And there it goes. Again wide percentage spread and low volumes drive significant price moves.At some point the herd will cotton on and have a play with this. Not ideal but increased interest will give this a lift, hopefully prior to the anticipated newsflow
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