Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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Message: Re: Bullish on Iron Ore
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Sep 04, 2011 06:40PM

"The Gold Report: Dundee Capital Markets recently revised its commodity prices, most of which are forecast to go higher. Dundee has a long-term gold price of $1,125/ounce (oz.) for beyond 2015. While that is up 5% from previous projections, what in gold fundamentals leads Dundee to such a bearish forecast?"

Gold @ $1,125/oz. beyond 2015? U.S.dollars?Possibly but I highly doubt it.

Kerry.

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