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The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

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Message: Re: Gold testing $799 low

Jan 12, 2009 09:14AM

Pundits are suggesting the POG tanked because we still have a liquidity problem and gold, being so liquid and all, and one of the last assets standing, is being sold to cover losses in other areas. The rise in the USD was too small to account for the $30+ drop in POG.

During the general earnings reporting period we may see more desperate raising of $'s through gold sales, even if the gold companies' profits are in good shape.

Vit stood up pretty well today, maybe because it's sp is so close to the insiders' commitments price.

Hang in. Gold won't stay down for long and the cost of mining it is dropping due to price deflation.

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Jan 13, 2009 08:06AM

Jan 14, 2009 05:32AM

Jan 15, 2009 09:25AM
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