POG $1750

TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

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Montrose2

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POG $1750

posted on Aug 11, 2011 11:49AM

Which I view as a good thing.

Wildly bouncing gold prices are not going to attract anyone to junior explorer developers. A more stable price however allows people to extrapolate resource bases into future revenue streams.

An updated estimate this fall probably will expand the ounces in the ground estimate. Even a 1500.00 "stable" price lets investors or perhaps purchasers see the real value and allow our company's share price to reflect that.