gold price hit a$1470, page-2

The number of shares outstanding is a major problem now as the supply is so large demand is easily overwhelmed. Whenever there seems to be a bit of movement it gets hammered back down with multimillion share sells. They will need to clear about $35m to make 0.5c/share by my reckoning. Assuming a p/e of 8, that will put them at 4c. They will have to do a lot right to go from where they are now to making $35m + but am hoping they do as I have quite a few. GL.