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Re: badge0913 post# 41793

Monday, 10/05/2015 2:28:33 PM

Monday, October 05, 2015 2:28:33 PM

Post# of 63744
Fair enough, but you will note that I never said this would happen for sure. I never pretended to know where gold will trade next year, and actually have no idea where it will be, as I believe no one truly understands what moves the price of gold.
What I concluded is that I firmly believe that barred a strong gold rally to 1350-1400+ level within 4-6 months, and stable or higher from there, that is the outcome I expect as I see the company unable to generate sufficient cash to keep up its operations and deal with its long term debt approaching maturity fast.
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