InvestorsHub Logo
icon url

the cork

06/18/10 9:59 AM

#35420 RE: Dale12 #35419

I don't think so Dale. How many ounces do you think it will take to make a difference?

The price of gold is very important in terms of investor choices as to where to put their money.

When the gold price is up there are typically more buyers of gold stocks, and when the price of gold drops, there are typically less.

Clearly a rising gold price brings more eyes to Sierra Gold.

I agree that particular aspect affects us more now than profitability based upon production but that's what we anticipate is changing.

When monthly production becomes routine rather than an anxiously awaited big event, I think we will see more of a correlation between both investor perception and the actual price of gold as combined influences on the SGCP share price. GL D.

GLTA !!

icon url

gemstone57

06/18/10 10:15 AM

#35421 RE: Dale12 #35419

I should have known better then to think a gold mining stock should rise when gold price takes off to the moon,what was I thinking......LOL GOOD LUCK
icon url

properlynumb

06/18/10 10:27 AM

#35422 RE: Dale12 #35419

The Major Minners' Quarterly report should reflect the average price of gold for the past three months. Hedging aside.
Where a developing producer of gold gains interest is the sentement of investers who see gold trending higher and buy future production.