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Hi Geezer, I know you're an old hand so it strikes me as a funny question, because it is completely variable. We could end up at 1.5 cents for all we know :)


I've been in a few gold spikes from back in the day.

I remember holding stock in a gold company ages ago called IIG that shot from 1.6 cents to 5 in the same day. That thing paid for a 3 month holiday to Europe in a day which was fun =)

These things run on news flow and we have a geyser coming over the next few months, including the maiden JORC (~1 month to arrival) which I am particularly excited about.

Once that number is concrete, 5 cents will be the floor. Unlike a few other posters here, I am not in this for the long term. Looking to sell this in early 2010, and maybe hold to April '10 based on how well this is trading at that stage.