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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.33
(
0.48%
)
Bitcoin
57,836.49
(
-3.87%
)
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in4money9

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in4money9

Re: Lojiko post# 4755

Tuesday, 11/09/2010 6:43:31 AM

Tuesday, November 09, 2010 6:43:31 AM

Post# of 26631
I like the leveraged gains - If PTQ's mining costs are $600 ounce, each 5% increase in the price of gold in the $1400 area represent about a 9% gain in profits for PTQ.

I can't wait for PTQ to eat through the shares in this $1 area. But with a few million shares per day and gold increasing, it shouldn't be too much longer - then watch out!

GLTA,
In4Money9
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