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