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Message: Guy on BNN

If gold would run up that far and the so-called experts think it will drop drastically, the big mining firms would likely know about the potential risk as well, and therefore would not use such a high GP to calculate our buy-out price.

There are so many people out there with their chrystal ball knowing the future, just like in the late 70s when gold went to about $700 and the Gurus said it would go to $2000 within a few months, just to see it drop like a rock within those few months.

That is why I think the faster SLI can get the cores out and show how much we have, the better it would be. After all the way it looks, we are sitting on such a potential, that it would be a shame to see the GP pull back before we are bought out. I think $1500 an ounce is just fine, for me anyway.

IMO anyway.

So, as usual, lets just get there first, before we all speculate too much. I certainly would not mind if the GP doubles, but we need to be in the position to benefit from it in time.

BTW, why does the guy think it would drop drastically? And by when is it to double?

For Real

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