Good post , MJK. I know few people on a board who like to point out what happened to $2 stock prediction, but as we all know conditions on a ground changed and investors have to be fluid as well.
I also think , once a deal is announced - we can expect SP come up to low $.30 but after that it would take few production quarters to
stabilize the company and turn a profit.
This will take us into mid 2015. Then SP might move into $.40-th. Long term here definetely. But with price of gold unexpected change – anything can happen.
I don’t like discus politics on this board, don’t want to upset fellows democrats but Obama administration and USA Banks are shooting themselves in a foot by denying Russian banks executed transactions.
There are powerful voices in Russia now calling to get away from US Dollar and start trading in alternative currencies including Russian ruble backed by the gold.
We all know what would happen to the price of gold and US dollar if Russia followed by China started that trend. GL 2 all.
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