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Re: NYBob post# 1155

Tuesday, 01/26/2016 1:31:56 PM

Tuesday, January 26, 2016 1:31:56 PM

Post# of 1208
Hi Bob, Re: Gold price

I like the chart for gold cash price... Looks to me that the November low was tested again in December and it's been up from there.. That looked to be a 6 year bottom in the $1045 - $1047 range... I believe production worldwide was down about -8% last year listening to the talking heads on TV... <<<---- Should help keep the floor in... LSG looks positioned well to take advantage of any price increases, and we're already up 5%-ish off those lows... Not to mention still cash flow positive at those lows anyway... Nice little find here... Best regards...


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