Gold price without inflation is 2.7k now. The correct gold price as 2020 should be 20k per oz as the inflation had reached 1000x compare to year 1920. US gonna revise this value in near future. As of NICHE, someone had informed that the gold is mined previously but due to licensing factor it being put as their cold stock. The sentiment looks good but im into it for their intrinsic value.
Do remember, they did collect gold at exploration stage and store it inside their cold storage. Who knows if their cold storage have 200kg of gold? We will never know. Since they just bring it up and didn’t disclose to the market.
Doing jewellery business are not that good but plus minings it will add value especially when start mining n get the gold which add the stock px@value.Treat it as safe deposits cz of the goldmine .Those wish to sell after profits ok,to stay ok, stay side line ok too. Currently to be fair ,Niche will not very much influence by gold px but the vol n px movements are looking good@postive as at 23rd wth new buying interest at 18.5 cts.
If can close 19.5- 20 cts is good n above 20.5 is better. Currently strong new interests are bargaining at 19.5 cts n 0.20 cts still outliers as at 12.30 WIB.😎
Sounds like you made a solid exit at 20 cents! 🎉 Ahbah’s all about that gold! And Eagle’s got the right idea—holding onto gold through the storm! Let’s see if it really breaks that 0.30 mark!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sammmy
1,172 posts
Posted by sammmy > 2 months ago | Report Abuse
Still TP? Already dump