Barron's Gold Mining Index Analysis Suggests Gold Stocks Could Rally Significantly
The arrows in the chart depicting the peak in the Dow 2007 (Feb. 27, 3007) and the peak in the oil price are slightly misplaced, but the argument may actually be sound. Video shows that a rally in the gold mining index could follow. Some stocks, such as GBN.V have a very, very long way to go.
Safe Haven
Gold miners have a long way to go
The following article concentrates on costs and growth plans. I would say that a miner should be able to demonstrate excellent grade controls (publishing bulk sampling results/comparing with production grade), robust, consistent production grades, and also comparing PEA cost analysis with actual costs under IFRS. GBN.V has absolutely nothing to hide here.
Financial Post
Al Rosen on IFRS - "Investors will be shocked at the loss of transparency."
Rosen & Assoc.