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Trading How far could it go?

Discussion in 'Shares' started by wdongli, 12th Jan, 2011.

  1. wdongli

    wdongli Well-Known Member

    31st Mar, 2010
    It announced further highly encouraging gold results from ongoing programme of trenching at its Baku Hill Prospect and market responded to push its price to $0.049 and dropped back to $0.042.

    How far could it go? Could it make itself again? How about gold ultimate bubbles which people concern but haven't been seen? The flood definitely affect Australia economy and market as a whole and will delay the time for XAO to break through 5,000. Not sure answers for all of these questions but happy ARX added more explosive powers into its engine room for future.

    It seems at the initial stage to discover some significant gold in Indonesia. Currently a few Aussie gold company have got significant return for their shareholders such IAU(I sold two weeks earlier at $0.55 around but now it was about $2.00) and WCM. Still feel gold would go up since too many uncertainty in the global economy.

    Good luck to all ARX shareholders.