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Re: mjkiii post# 6659

Wednesday, 01/12/2011 8:00:35 AM

Wednesday, January 12, 2011 8:00:35 AM

Post# of 26631
I agree , it is an exciting time to be invested with a successful young gold mining company. Only 2% of all start-up ever make it to a full production. We are sitting on a top of pyramid which is going to get bigger as time goes by. Just as mjk says - Q2 DOES NOT MATTER,even TA does not matter, because that is not what is going to drive this stock going forward, but a steady future production of 1000 oz/month- will, Increasing production to 1500 oz/month - will, accumulation by the funds and introduction to an investment community - will. Yes, if someone wants to trade this stock then they have to worry about Q2 or $1.22 resistance or $1.00 support, - I don't.
Just like BP and some of you I look in a near future (2-3 years) and I see : gold will be never again below $1000 thanks to a dollar devaluation, China and India increasing middle class , world banking system shifting away from a dollar back to a gold standard.
What makes this story even better, that we "kill 2 rabbits with the one shot". Outside gold the copper will be in a huge demand in a few years and we will indirectly benefit from it with our PDI shares.
A lot of people with a big pockets much smarter then I invested millions of dollars in this gem and I will ride along , for as LONG as I can.

GLTA,
VB
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