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

cheers GF.

CP, thats told you!!

Should have kept my mouth shut!

cp
please never ever do that. im often wrong about such things.
anyway its those that speak up that allow us to debate such things on these threads. good luck to you and best regards.
jkd

Nice to see this back in the blue this afternoon.

Gold within touching price of $1000, could this be a hum dinger of a friday afternnoon, its happened before.

3 days on the trot now its finished on 550p.

is this manipulation... and why?

ORE deal?.

would just be nice to see ORE take out that 10% discount

Not been on this site for some time, but I'm well back into POG of late. Nice gains recently which look set to continue to my mind.

Hi Gh,

wouldnt put it past it, to finish at 550p again monday.

From across the road..



Talkman - 21 Feb'09 - 21:52 - 1126 of 1128


Big Peter Hamro tip in Momentum Investor today. Says it would not be surprised to see it reach 10! ............ ENDS


Hence the mark up this morning.

Still think itl end up on 550p.

From across the road, makes for interesting analysis...

People are repositioning their holdings and have been playing Aricom against Peter Hambro.

The facts are very simple.In two weeks Old Hambro will announce his forecast for gold production.He will follow the current guidance and say that 500k ounces at cost of 250 dollars per ounce or less.

As he announced also when the Aricom deal is complete, POG has no debt.

So allowing for Aricom to double the shares in cirrculation we will have a market cap of 800m.

Allowing 1000 dollars per ounce and profit of 750 dolars per ounce based on 500k ounces that is 375m dollars profit. Put it on a pe of 10 (Rand is currently 33) that is a market cap of 3.75 billion dollars or 2.6 billion pounds.

There is comfortably a 3 bagger here.

GOLD: More Strength on the Way

Mary Anne & Pamela Aden
Aden Forecast

http://www.24hgold.com/english/news-gold-silver-gold-more-strength-on-the-way.aspx?article=1868294288G10020&redirect=false&contributor=Mary+Anne+%26+Pamela+Aden

No Gold Bubble
by: Daniel Gschwend February 23, 2009 |

http://seekingalpha.com/article/122102-no-gold-bubble

Standard life closing some of their long positions. prudent profit taking or something more??

Given the paralysis that has afflicted the markets, I cannot understand why gold has not gone much higher? When the price was high round about 1980,was the situation as bad as it is now? Of course the worry then was of a much different nature.-war over Afghanistan.
The fear now over the future of the entire financial system seems much more scary.

which do you think has the better prospects for long term profitability KAH or POG?
i appreciate both are from diff fields[gold/uranium] but both are subject t/over speculation[in POG case t/over of ORE]

gold down a nugget or two today i see ..... sales murdered in Souk by current levels

Amazing what an immediate result the spot price has on the gold producers.
POG, RRS, FRES etc all down today (Market also down which has added to the problem).

Broker S pierce who had stock under revision now gives following figs, looks like these have been missed by PIs, from 20/2/2009

Peter Hambro Mining PLC

FORECASTS
2008 2009

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Seymour Pierce
20-02-09 85.55 20.37 157.05 27.16

EPS of 157.05p for 2009.................................... derd cheap.

the stock with that analysis figure is way undervalued.

If the above figure EPS is correct,with 97.16 million shares in circulation -puts earnings in the 150 million area.
Sounds impressive.
Mind you,all the gold and precious metal stocks seem to be under the cosh at the moment.

CP, yep thats what the revised figure is. (SP have had it under revision since the new production figures).

Now I can only assume its the figure showing the increased production and revised figs for the next year on gold for POG.

Cant see that they have included anything for ORE, surely not as the deal hasnt gone through.

The figures were posted it shows on the 20th of this month and have only been seen by PIs or picked up on by PIs today.

Having said that it looks mighty suspicious that the SP of POG is being controlled by the MMS at the moment in relation to ORE.

Looks like a 500p floor is in place now rather than the 550p floor of last week.

Either that or my chart skills are a lot better than I give myself credit for.

Tend to think its the former.