No matter how bad the gold news..PZG still holding in $1.35 area
The negative crowd including our buddy Mr. Liberal keep saying the sky is falling.With Gold under $1,300, we're still holding up pretty well. Gold isn't going below $1,200. If it does, some gold production will stop and the price goes up. Even Mr. Liberal can figure that one out.
Equedia published a report stating hundreds of small mining operations are going to go belly up in Canada in the next six months. CEO from SAND says credit totally dried up months ago. Hopefully PZG is conserving cash.