Replies to post #162 on Pinetree Capital Ltd (PNPFF)

[rich2]

I think that the bottom is in for Gold and Silver.

If I am not mistaken, the average cost to extract is around $ 20.00 an ounce. Many mining companies have a near average total cost to extract gold at $900.00 - $1,000.

How much longer can the gold and silver( at a lost now for most miners) keep selling at these prices.

The price of oil is falling and helps reduce the cost to extract, yet we live in an unstable world and regardless of the strength of the dollar - something got to give here.

I just bought a starter stake, because the bottom is here in my opinion

and

http://finance.yahoo.com/echarts?s=PNPFF+Interactive#

this has a lot of room to grow to previous heights.