Gold breaks out over $1400 in overnight trading
posted on
Feb 21, 2011 07:40AM
There is of course no action in North America today but gold is solidly in an uptrend now and I do expect a run at our previous highs in the next few weeks...just in time to help us negotiate a better deal IF a take over really is on the table. Feels like the perfect storm is upon us:
Record gold prices very soon
Take over rumors
Getting to cashflow positive in the next few weeks
Getting to commercial production in the next few months
A new 43-101 in the next few weeks/months
Ramping up to 100k ounce production level in the next few months
Anyway you slice it...this is a must own stock right now!
Glorieux