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Message: Re: Who is C.I.B.C. ?

jpw
Feb 22, 2013 12:13PM

"I won't be selling at these levels"

The question in my mind now with the 50 m dollar debenture is what is a good price to sell. If the price of gold stays in the narrow range it has been trading then it appears we are likely capped at 0.50 cents for quite a while. If the price of gold goes higher (say up to $2000) then SGR will likley go higher due to the increased cash from gold sales. I do expect gold to go higher but my expectations for SGR are much less that I had a month ago.

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