Re: Scary Stuff
in response to
by
posted on
Dec 29, 2009 03:03AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
We are IMHO at a crucial time in our history and we must all wake up and pay attention.
My friends are nearly all asleep - I've given up trying to wake them or interest them in gold. Most still have complete confidence in cash. I hear them talk about how to solve these financial problems, but I think it's far too late for that ~ our time is surely best spent protecting ourselves and our friends. I'm concerned their hard-earned life savings are at risk of yet further debasement. With my friends mostly slumbering, gold can't be in a bubble. I'm starting to have a better trading plan to make use of 30% gold volatility, blow-offs and corrections. I'm 80% in gold and gold shares, and feel fairly comfortable, although none of us know the future for sure. Like most on here, each day I read, and could cry, but usually I laugh.
I've got rid of my television a year ago, and everytime I turn on the BBC radio, it takes about 30 seconds before someone starts talking what appears to me to be garbage ~ I find that concentrates the mind, and I find myself thinking 'trade paper for gold, trade paper for the fairway'.
I've read the comparisons with Goldcorp - what other 50+ oz/t grades over 2m have ever been drilled? And have there been many 50+, other than solitary glory holes. Someone here will know.
Roughly, and for fun, the Hinge bulk sample came in at half oz per t and sub $200 per oz, which is $100 per t costs ~ or $2 per oz for 007. Anyway, it will be nice to add a bit of this to the mix every now and again.
Happy New Year to you all