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Message: New Faces

New Faces

posted on Jan 25, 2008 11:57AM

Its nice to see some new faces on the site here.   I've been travelling the past week so I missed most of the price swings.   All in all we came through pretty good.   We had just started to move up when the market melted down so I expect we will regain our momentum.

 

If we see some acquisition activity in the junior golds (as many expect) I suspect that the valuation price/oz will be dramatically different from the $150/oz based on $550/oz gold that has been used the past year or so.   With long term gold futures well over $900/oz it wouldn't surprise me to see valuation prices in the mid-high $200's/oz and that would certainly boost OZN's attractiveness as a producer or target.

 

... Been There

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