http://www.kitco.com/charts/livegold.html

cheers GF.

it does indeed ..... bit the bullet on half at 1036 (yuk!) but that's now looking quite a good price, so may dump balance and say "fuckit!"

The other side of the coin is that POG already has a lot of bad news priced ,i.e. a very low P.E.
Many analysts are still firmly behind the stock.
Still,there is a limit when it comes to biting bullets!

last comment (sentence) would be good for a politician! ...... chart is now horrid but you are right to say that at a "certain level" the risk/reward is well-weighted in favour of the latter ..... i haven't worked out where that might be - PTH come and do something useful for a change! - and if i should sell all meantime

===========

900 perhaps? ..... see below

If you start the chart from the last part of 2008,it actually looks quite good!?

that's cheating, and actually not true unless you want to boast that you bought then! ..... currently, the concern is that POG regularly falls short of its targets, and sp has fallen straight back through 200 dma (black) without touching the sides ..... not helping either is that the stock keeps threatening to get into FTSE top tier but has always fallen at the last

i remember a few yrs ago they were bragging about being a 1m oz producer by 2009?... will be luck to do half that this year.

It does not live up to its promises... poor output means this will drift downwards... good one to short

They certainly must be a candidate,given the almighty fall of 2 years ago (from 1400 to 200.

Hong Kong listing seems to be struggling and at a price far below what was expected. May possibly be delayed.

Now sub 1000p. Maybe your 900p target may not be short of the mark, cynic.

Morning all

POG
Eerly 2010 pog anounced that 2010 would be a transitional yr and that its production would be mainly weighted in the last few months of yr and that the the 1st 6 months would have high costs per oz and that it would = around 35% of its production for the yr, so far this as happened , they have said exactly that , in august itsaid that the production would be 670koz +/- 5%,itas not retracted this as yet, but listen to this even if they do just 600kozs its still producing more than RRS, from now till end of yr they should average 100k oz a month they are now doing monthly updates ,1st being 3 rd Nov, now if they were not confident of doing this they would not do monthly updates . POG is going to get seriosly rerated very shortly.

All the information is on their web site have any of you bothered to go and read the updates. Has roson says they are doing exactly what it says on the tin.

if so, sure makes a change!

Yes,I think many people are aware of these facts.However ,it has been these very inconsistencies that have heped to create this situation.

I suppose too that POG has had its share of bad luck one way or another.
I quite agree, though,that some sort of re rating is on the cards.

Not a pretty sight.Especially with the continuing rise in the gold price.

Can't make up my mind where the best entry level is.

the bottom!

It isn't as though the expectations have not been well flagged.
The price of gold is down about $50 over the last few days,so that won't help either.
Some bit of good news might do the trick.
Meanwhile,I am on the sidelines.

Cheers, Cynic, that's really helpful! I am still thinking that 900p may to achievable, so like cp, I am waiting & watching.

i always like to scatter a few pearls of wisdom, even if before swine!