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An international gold mining and exploration company producing gold in Ghana, West Africa.
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GS751 (91.25) Submitted: 6/27/08 11:48 AM : Start Price: $2.88 GSS Score: -42.47
A little oversold based on the news today. Either I am right or the news or is wrong. Don't you love to bet on yourself. Gold and Oil have a heavy correlation. This stock effectively is a bet on gold prices. Latest 10Q "As mining progresses deeper in the sulfide pits we expect to mine less of the near-surface, low-recovery transition ores, and more of the fresh sulfide ore which metallurgical testing indicates will yield higher gold recoveries."The selloff today, me being bullish on gold prices long term, indicates a green thumb for this one.
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