Silver and gold has had a bit of a kick along in past 24 hours, will make Monday morning very interesting, articles on commodities thread about impending mega rises in AgAu, $200/oz silver/$5000 oz gold on the horizon?
Last CCU ann stated all the negatives they could muster. We're normally a very conservative bunch in here, but will let the hair down for a second (ramp) but please weigh it up for yourselves, 3-12 months time could see 200,000 ozs/month, at prices we havent contemplated, call it $50/oz+. That brings roughly $5 mill/month profit assuming $25 cash cost.
Thats @ $50/oz, plug in $200...
Could be come one massive cash cow quite quickly.
Just an opinion.
END OF RAMP..
TCG
CCU Price at posting:
19.0¢ Sentiment: LT Buy Disclosure: Held
