EAR 0.75% 33.3¢ echo resources limited

Yes, wish I sold when I had the small profit weeks after I got...

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  1. 6,287 Posts.
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    Yes, wish I sold when I had the small profit weeks after I got in at 27c ... Now I don't see the point and if anything any spare funds will be buying more and bring my average downwards.

    What I don't think the market understands is EAR numbers recently showing sustainable profit margin at these AUD Gold Prices.

    It seems all the market cares about is the USD Gold price which has been in a Bear market to flatlining for the last several years.. and recently looks like its making it final fall before the next bull trend get underway,,

    AUD Gold, on the other hand, has been immune just look at the chart>> gold_10_year_o_aud.png

    remember when USD peaked AUD was worth more than the USD,,,, so in $$$ USD gold has fallen $600oz+ from its 10yr high where AUD gold is only down $200oz from its high!!!!!!
 
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