last month22 Jul 2016 19:38
Gold closed above $1,308 on Friday last. So, according to the charts, it's upwards and onwards. By coincidence, the Orosur (OMI) management came by on Friday morning. As ever, I cannot satisfactorily prove that OMI is cheap in relation to, say, Shanta since this is a political judgement with no proof expressible mathematically. But it still seems very cheap in relation to equities generally. The emerging star is Azna, the Colombian prospect which the market rates as valueless. This looks a big mistake even though it will take at least five years before Azna comes into production. The grades that have been recorded so far are really startling."