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

cheers GF.

Bought stock at 507p. Happy to now wait for the trend to reverse.

It will be back to £10 soon when jitters set in.

It's unusual for you to be so positive on a stock, hlyeo! Presumably closed your short? ;o)

Nomura has cut its target price for Petropavlovsk from 910p to 735p and maintained its neutral stance on the stock, saying that the gold miner still remains in a transition phase.

The broker notes that Petropavlovsk's full-year results (2011) came in ahead of expectations. "However, this positive was short-lived as longer-term expectations for the group have been refocused on the increasing POX hub and IRC [65.6%-owned subsidiary] contributions to profitability and extremely high headline cash cost inflation levels for FY12," Nomura added.

HC: I think you did right at 507. I waited a while and got
some for 495 yesterday. The 'worst' may be over for now but
what do I know. POG is like fog!

i get timing right on this bugger as often as i used to with wos - i.e. never!

Interim Management statement:
"Outlook
· The Group remains on track to achieve its target of 680,000oz of attributable gold production in 2012. This target does not include the effect of planned expansion at Albyn and Pioneer;

· It is expected that Group production will, as per usual, be weighted towards the second half of the year, due to additional output from alluvial and heap leach operations.

Dividend
· On 27 March 2012, the Directors recommended a final dividend of £0.07 per Ordinary Share;

· Subject to shareholder approval at the Annual General Meeting, to be held on 31 May 2012, the dividend will be paid on 26 July 2012 to shareholders on the register as at close of business on 29 June 2012.

Full report:http://www.moneyam.com/action/news/showArticle?id=4347472

http://www.telegraph.co.uk/finance/personalfinance/investing/gold/9197417/Gold-to-hit-2000-on-Spain-fears.html

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£4 and i'll be in.,.

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I don't think it'll sink to £2 so looking at the chart it hovered at £4 level. Hope it'll sit there for the summer then get going for an exciting autumn/winter when gold will be 2100$ an ounce.....is that possible?? .,.

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You do realise that your conversing with a complete emu (according to cynic) only my gut feeling and willing to take a chance at that level.,.

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mnamreh : POG sp is always a mystery, in good times and in bad.
As cynic implied a couple of weeks ago, crystal balls are useless.
Charts usually mean nothing.

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Could this be heading for 400 soon?