RE: RE: RE: I’ll keep buying8 Dec 2018 20:43
I THINK I WILL BUY AND HOLD THIS BABY .........
So, in what regions of the world is this likely really to take off?
In a sense, Thailand was a bit of an outlier, a major gold trading centre, but not a region that Wishbone had in the centre of its sights. The company’s already in Mali, and Uganda, and has just announced the appointment of renowned journalist and regional fixer Oliver Poole as a consultant, following a meeting between him, Poulden, and members of the Ugandan cabinet, including President Museveni.
Then there’s Honduras, and in due course potentially Saudi Arabia and Nigeria.
With the gold price steady at around US$1,200 per ounce, the fundamental outlook remains favourable.
This year, investors should look out for a streamlining of debt, firm cash flow, and improving sentiment.
This is likely to be the start of great things for Wishbone.