Any view on whats happening with our GOLD shares? It been very flat lately

[Electrox]

consolodation maybe? I dont know but spot gold is creeping higher today

[#2]

Also invested in gold shares and eying the gold price, Somehow they don't seem to move as much on an increase in gold price.

[SimonPB]

the relationship between gold and gold shares is at best weak. At worst it does not exist. Overlay the rand gold price over any gold stock, and be afraid.

[#4]

If you trade GLD then it becomes quite scary, watching the gold price move in or out of sync with the ZAR/USD. It becomes even worse if you then hold warrants in GLD.. a real roller coaster. The potential gains however are huge...as are the potential losses.

[#5]

This makes no sense. For our gold shares, a change in the gold price is a direct impact to the bottom line. Unless these companies have fixed price sales contracts and these are being discounted into the price.

[SimonPB]

well roman, no sense maybe - but it is reality (checkt he share prices and the results). And sure increased price = extra income, but the output of these mines is shrinking (back at 1922 levels), and costs are rising, and maybe the costs up faster then income ?