TODAY'S DISCOVERY, TOMORROW'S FUTURE

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

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Message: Re: Nice to see some green..
1
Sep 05, 2012 01:32PM
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Sep 05, 2012 03:43PM

There's a lot to consider over the next few weeks. In PDG's world we have about 40 million shares @ 80 cents from the bought deal financing in March, some of which we will have to plough through to get to a buck. Plus the other sub 80 cent shares still hanging around. Since there doesn't appear to be any significant news releases until next year then we need to relie on an increasing gold price to provide some rocket fuel. The number of news articles predicting more QE from the US Fed is getting high. There's also an increasing expectation that the ECB will buy Spanish bonds in the near future. Both of these events are gold positve, but we could see a big downward correction in the gold price if they don't happen. A big clue for the US will be the jobs report on Friday. Anyone have a crystal ball that works?

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Sep 06, 2012 01:18AM
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