I'm a little torn. On one hand , i think gold could be well headed for $2000, so waiting some more before doing the forward sale might actually be beneficial.
OTOH, I want us to move forward with Hera, and also:
"JUNIOR gold companies with near-term production potential are the flavour of the month. It makes sense too because, while the gold price has remained strong, gold equity values have yet to shake off the wobbles that came with the broad sell-off in resources stocks way back in April last year.
So the idea is that gold equities are better value than they were, particularly as it is near impossible to find anyone to tip a major decline in the yellow metal, as the world's paper money printing presses work overtime and look as if they will continue to do so for as long as it takes, as US Federal Resource chairman Ben Bernanke has made clear.
North American, German and Swiss investors have caught on to the idea. But they do insist that their dollars, euros and francs only go into junior gold equities with "turnkey" potential, to take advantage of bumper gold prices by being close to production, having completed all the boring stuff of discovery, delineation, permitting and ideally, financing."
