US Gold Corp (USAU)

[LocalComstocker]

$1200 Gold Forecasted by Perez in Oct PR


In my experience, Perez knows how to manage information. They will release in time to sustain the momentum and use this move (which I see as a vote of confidence for the company and their projects

I know for a fact that he always lets the momentum traders blow out and holds news to drive out flippers.

There aint no stock promoters here too so this is a good thing. Spoke with IR and JP is long gold to $5000 or higher, but he expects to see $1300 soon after he was quoted $1200 in another press release.

Oct 23rd 2009

John Perez, Director of Communications said: "USA Uranium’s growth-focused exploration and new NSR royalty business model creates significant shareholder value by providing considerable leverage while mitigating the downside risks faced by traditional mining companies.


The royalty model was a natural expansion of a good plan with gold reaching new highs and expected to reach $1200.00 per oz in the near term. Ken Berscht provides leadership as well as vision to USA Uranium with this new step in the Comstock Lode Mining District which expands and our footprint in Nevada and California gold projects.

Our visit to the historic Comstock Lode in Nevada provided excellent opportunities to view some of the richest mines ever discovered in the United States while we move to create a footprint in the Comstock Lode.”
http://www.usauranium.com/newsreleasesoct23.html




he said gold was gonna hit $1200 and it did and word is he held news on anti gold cnbc message. I expect the PR to flow once spot moves.

The guy worked at monex as a spot futures trader and so we can expect news on the first upward move in gold.