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Re: kim2010 post# 39989

Thursday, 12/23/2010 11:59:50 AM

Thursday, December 23, 2010 11:59:50 AM

Post# of 51670
Higher gold price definitely help, since the producing cost is pretty much fixed. I expect the second quarter revenue to be higher.

The gold index in first quarter was ~ $1280. It is now ~$1380 for second quarter. It seems that gold price will be at relatively high level in foreseeable future. If the governments keep printing more paper money and do not control expenditure, gold price will be promising.

IMHO
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