David25 what r u talking about with AVO having to pay cash to...

David25 what r u talking about with AVO having to pay cash to DIO shareholders who don't want to take shares? THe bid was a scrip bid - there is no cash payout to DIO shareholders and no additional debt created.

AVO has large institutional shareholders and can easily raise capital if required.. albeit at a discount. Nevertheless, much easier for it than for DIO or RMS.

Your prognosis for gold is just one view.. there are plenty of forecasters out there who are saying gold will top US$1500 based on the inflationary effects of quantative easing. Take a look at Martin Weiss newsletters.. he was right chapter and verse on the GFC since July 2007 - yes 2007.