Re: Next 2 months
in response to
by
posted on
Sep 29, 2014 06:52PM
Well, yes...hmm...it is sure quiet on the company side. I have been in since the chromite...don't want to sell.
Gold is set to Rocket !!
Singapore launches the 25 kg bar October 13, 2014. ( 2 x 400 ounces )
Shanghai Gold exchange volume 80,000 to 120,000 kg every week.
http://www.zerohedge.com/news/2014-09-15/singapore-and-hong-kong-race-gold-benchmark-use-brinks-and-mat-storage
http://www.goldbarsworldwide.com/PDF/BG_10_Categories.pdf
Very quiet on the drilling plan side with 26 million to spend....either
a) They hit on East limb and are going to drill another discovery
b) They have settled the land deal
26 million needs to be spent over the next 15-16 months...and I don't think their is that much more work at Borden to complete without the land deal. So to my mind, it must be done.....or they need the cash to drill 300,000 metres on East limb.
Give it 3-4 weeks.....truth will come out.
GLTA
CT