DEVELOPING THE PAST-PRODUCING SIAN GOLD DEPOSIT IN GHANA

The Indicated Gold Resource at Sian/Praso Now Stands at 192,000 oz (NI 43-101 Compliant); Up 92% Since Last Report

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Message: Bloomberg - Gold May Hit $950 As Central Banks and Miners Hold Back Sales

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Re: Bloomberg - Gold May Hit $950 As Central Banks and Miners Hold Back Sales

in response to Bloomberg - Gold May Hit $950 As Central Banks and Miners Hold Back Sales by AGORACOM

posted on Sep 18, 08 09:00AM

This news should start reflecting into junior mining shares shortly, and should make it easier for them to raise financing. The drop in price was never a byproduct of supply/demand imbalance in the first place, so predictably the price is rising again. Just hope MEX can prove those gold reserves at Sian sooner rather than later to get people excited.

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