Hi Robert14 Feb 2014 09:49
Not long been up myself! I'm mostly in shares that allow me to sleep....and leap out of bed at 7am in case there's an RNS!!
The 'naysayers' can say all the naying they like, as far as I'm concerned. On a share of this sheer size, people trying to nag it down to their entry point target is utterly futile.
Institutional investors hold the clout here, n they can see that gold and silver are on the way back. I read somewhere recently that the costs of getting gold out of the ground is something like $1300, so it was never going fall too much below that. With the Chinese and Russians buying it like crazy, supply is drying up.
A share of this size moving 8% (EIGHT PERCENT!!) in one day says it all for me. FRES was laughably cheap......probably shorted to death......now it's payback time.
GL Robert, enjoy the rise here.