value of gold prospect, page-5

Beardy-that is a huge ask,as v h said,better for you to read the recent scoping report.As far as the gold goes the company believes there is 1.3 million ounces in the ground-( the cost per oz of getting it to market is another story) but gold has breached,1,300 which i thought would be the top.Nickel has seemed to form a higher base.Also take into account the U S D index and the AUD V USD cross---so its very complicated.How gold and nickel will perform in the future is a bit of a guess.Personally because of the rise in gold and nickel,i have changed my position from a hold to a buy on PAN,they believe they have the metals in the ground so as the prices of those metals has risen so should the value of PAN---i hope this has not confused you more---cheers