Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Investors Hangout MVP's
Posted On: 09/12/2012 5:08:49 PM
Post# of 99221
Avatar
Posted By: AAAAMHIM
Re: steelerfan7 #12357


$GBG .1147 BOUNCING IN THE AH. It is way OVERSOLD here. Watch for a HUGE run soon.



"It's possible shutting down Burnstone will cause a buyer to come quickly. Don't think Gold Fields, AngloGold or Harmony, if interested,would want to see it shut only to have the expense of reopening it. After all we're talking Gold here. 'There are 6.4 million Au oz in reserves (proven and provable), and 12.6 million ounces Au as measured and indicated resources.



That represents between $4.4 billion (using P&P numbers), and $8.7 billion (using M&I numbers), once they get the cost of production down to about $1000/oz."



(0)
(0)









  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site