Every dollar that you put onto the oil price, you're putting at least a dollar an ounce into the operating costs. |
Have you seen the gold price? |
If the stocks are really factoring the move in the gold prices, stocks would be a least 10 percent higher than they are right now. |
It could potentially have a small, short-term impact on gold, depending on what they decide to do with the hedging within Placer Dome. |
Let's call it a black eye. Black eyes look ugly for a bit, but they go away. Hopefully, a few lessons will have been learned. |
Obviously, it's going to have everybody excited. But how much higher can it go after it broke to a new high? |
The momentum for the commodity is going up and if spot prices break the $600 mark, they will probably continue to go up. |
They certainly had a good quarter, better than expected. They talked us down in November and now they've talked us back up. |
They don't want issues of projects and different countries and management and all the risks that are associated with company shares. |
We are the future. Our population is increasing a lot. |
What the market does not want is to see is that the rules are changed. |