Off the cuff.
posted on
Jan 08, 2008 05:16PM
Hiram1, what have you against BigPic? I would be glad to welcome him, even Rats if he would be respectful to other members and abstain from name calling.
Gold came wuthin 20 of 900US$, silver at $15.80!
I do not give much creedance to the round numbered prices such as 800, 900 or 1000$ but it does have psychological effect on the market and brings attention from the public through the media who revel in the round numbers.
Some call it a 'Break Out' but it looks more like a fairly steady rise all the way for about five years with a spike in 2006. The break out will be here when we see about a ten percent rise in price in one day, That is what I call a Break Out. My opinion of course.
Anyone have a clue or a guess at the extent the ECU properties have been drilled? I seem to recall about one third ( perhaps 40%) but it was many moons ago. I think it is reasonable to assume that whatever percentage of holes that have been already drilled to the total that is likely to be drilled, based on that the report resource to be reported will serve as an indicator of what the eventual ounces might be a couple of years from now.