Hi One and all,
Well back on the 13/08/15 I suggested we could soon see an AUD $1,600.00 price for Gold; however, I didn’t think it would only take twelve days to get there.
Looking at the share price action it looks like a classic baby out with the bath water scenario I guess if people are being called up from their margin lenders they need to sell whatever shares they can.
I just hope the company can achieve the promised production numbers and soon.
Keep the faith as we may see lower prices but hopefully this currently unloved sector of the market should recover sooner than the general market.
Looks like the Plunge Protection Team boys have their hands full this afternoon.
This is not a game for the faint hearted!
Cheers and very best regards: Andy
Ann: Talang Santo Resource Update, page-4
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