seriously, 100M debt is a drop in the bucket to the seniors that can easily be reclaimed by further developing the land package.
HUGE UPSIDE!! This one is going to $1.20 short term. Keep an eye on upside moves, as the seniors NEED acquisitions and GSS is ripe for the taking. The land package alone is worth $3/sh.
I'm reading more and more that the seniors are more interested in M&A than greenfield development. GSS is the perfect acquisition candidate. Hopefully, the stock can have a nice run up before the big boys move in.
Clearly, they have the inside information on tomorrows jobs number and figured the time was right for a spec flush. Great buying opportunity. The raid probably gonna last through tomorrow my best guess.
Holy cow man. Now we are talking. The cartel is terrified. They are defending 20.40 on silver vehemently, but that gonna probably give tonight as the Chinese push it back up. Would love to see gold get its first 1400 probe out of the way tonight.
Given the forecast for a near or above normal level monsoon this crop year, we estimate that, in nominal terms, demand from households dependent on rain-fed crops will increase by 11% in the 2016/17 crop year to its highest level in three years.
With 40 to 60 tonnes of additional buying emerging from agricultural households, which accounted for 315 tonnes of Indian demand last year, demand is expected to improve on the back of an improvement in monsoon conditions.
It's absolutely critical for the miners to pay a divy after debt is paid down. They simply will not be able to break out without it. Go look at the last bull market in PM - the equities with divy's performed well.
I think it's actually good that US equities are holding up so well. We got the perfect storm for PM rally to continue. Hope US equities don't take a dump, cuz unless PM bullion prices make up the difference miners gonna get hit too.