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15/01/15
09:14
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Originally posted by GOLDPIRATE
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Hi xindongzuitaohua,
just you've left out the all-in-costs that were, if I remember lol, around $880. About $100 higher than previous statement but with no reason given for the higher cost. Yes they have the debt mandate but it was the blown out costing that dropped the sp abruptly. I know as I've been following Gryphon since early 2014 & bought in @ 15.5 & 17.5, believing it was the one mine with the 5M+ ounce resource. Then, increased costs were released & I lost money basically. It went to 12 & so on, then the drop in POG really hit all stocks & well, the rest is history.
I do believe the stock is undervalued, considering they have all the boxes basically ticked. My only gripe from here on is, POG has to stay up above where it is today for that debt mandate to remain honoured. Does that make sense? In other words. Is the finance in concrete from the lenders now POG has dropped below $1300 mark? Market needs this guarantee....
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thanks, mate
Gold shoule be trending up and will do so, imo.
the buying recently (since december with over over 25 million in a couple of days expecially)and sold in last couple of days indicate someone bought in.......
it should back to 10c short termly TA and FA.....IMO