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Re: goldismoney1 post# 39724

Wednesday, 08/26/2015 12:58:36 PM

Wednesday, August 26, 2015 12:58:36 PM

Post# of 63744
True, but with a bit of a caveat for BAA. If gold goes down, we could still make money depending on how low it goes. The worst is that we have to deliver a few extra ounces in the forward gold sale...but assuming they can keep AISC down, many miners would have to cease operations if gold would drop to (let's say) $1,000/oz and stay there for a substantial amount of time. If by then we have the company pumping news, and looking for analysts, maybe more eyes would come to BAA and we could see the PPS rise even with gold going down. Just a thought...

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