Yes I agree with you re volitality of POG and POO etc... The hype in the article seems a bit rediculous, but the essence of the story is facts (imo)...
also if you read the broker reports and ann available on their website, it shows that their production cost is only $US200 an ounce... so the POG can slip quite considerably for them to not make a profit.
as mentioned i am already in and so are a few of my mates... we believe this one has gone under the radar... and it could do very well in the medium term... if POG slips sentiments may drive SGX down, but fundamentally it has a huge advantage over all other producers.
good luck to you too.
others reading this - dyor because we could be completely wrong re the article. however i suggest you look at other info available on their website and the net.
regards
youngneil
SGX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
