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Re: gelmmart post# 45013

Saturday, 08/20/2011 12:55:55 PM

Saturday, August 20, 2011 12:55:55 PM

Post# of 51626
I am not a gold expert. However, early this year, several expert predicted gold would reach $1,700 by year end. It is now $1,880 in August. So, even the experts couldn't pin point the all time high.

With the global debt crisis and un-control money printing by governments, gold is looking good for now. But, what goes up, must come down. When the global economy settle down, it will probably back down below $800. All IMO.

As I said, PRMO should take advantage of the situation. Don't miss the boat.

If PRMO can sell Ghana operation for a good lump sum, it is probably the best scenario for all shareholders, with juicy dividend. IMO.

I am sure there are senior gold mining companies out there looking for gold.