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Whitford

08/28/13 3:31 PM

#1022 RE: JDUR #1021

We are at $1417 im sure it will hold now that gold broke that impossible $1400 glass ceiling, but your saying it was purely coincidence that as of late the trends in gold were almost directly proportionate to BAA hitting 1.03-1.05? Why im asking is i bought at .60 set my sell at 1.05 after 11am yesterday and it never came back. I was hoping for a quick 40% return, thenni was going to wait on syria issue then get back in on BAA at .70-.80 and gold when it goes back down to $1300s. I buy physical american gold eagles and have done well. Its odd because they are on ebay/retail coin shops for much higher than spot price ..$1550 1oz

Questions
1)Interesting how gold seems to still be seriously undervalued, what is the approx average net cost to mine and extract an ounce of GOLD??? (if its over $7-800 how is it profitable)?

2) given the variables why hasnt BAA moved up a few points since its fall from $1.03-$1.05 yesterday since gold is higher today than yeaterday?

3) if gold holds at $1400 this week what should we project to see BANRO hit? $1.05-$1.10?

I just need some forumula evennif purely hypothetical to help me from going crazy on 5-figures worth of shares