Amazing. Chris Kimble has been saying and showing (for at least
5 years) charts illustrating that Gold 1500 would be the ideal
target to buy ( if we get there.). It is the measured tip of the
multi-year cup formation, and he estimates that it will double to
at least 3000 ( I don’t remember the time frame). Has been
like watching Matt’s old paint dry system, but it looks like
we might get there!
Posted by bulf6285 on 21st of Oct 2022 at 06:34 am
I check this quarterly... The column "AISC" is All In Sustained
Cost to mine. In other words, on average, its costs miners $1281 an
ounce to mine the gold. You can view it as a floor on price.
Still valid. Grinding lower. Just
Posted by johnny2012 on 20th of Oct 2022 at 07:30 pm
Still valid. Grinding lower. Just can’t get going upside it seems. Measures down to around 1550/1560. Gold futures.
Amazing. Chris Kimble has been
Posted by mdgfain on 20th of Oct 2022 at 08:22 pm
Amazing. Chris Kimble has been saying and showing (for at least 5 years) charts illustrating that Gold 1500 would be the ideal target to buy ( if we get there.). It is the measured tip of the multi-year cup formation, and he estimates that it will double to at least 3000 ( I don’t remember the time frame). Has been like watching Matt’s old paint dry system, but it looks like we might get there!
I check this quarterly... The
Posted by bulf6285 on 21st of Oct 2022 at 06:34 am
I check this quarterly... The column "AISC" is All In Sustained Cost to mine. In other words, on average, its costs miners $1281 an ounce to mine the gold. You can view it as a floor on price.
http://www.zealllc.com/2022/gmq222fn.htm
zealllc.com
Gold Miners’ Q2’22 Fundamentals