GFI

[#1]

I realise that this share will remain high for as long as the gold price is high,but whats u guys feel on where gold is headed?? 950 -1000??

[KVW]

Gold is a place to go when the market is in fear, that's what I have realised I have made good money over the last 3 months. Not really made but made up losses from Oct.

[SimonPB]

a poll by reuters says average gold price for 2009 AND 2010 will be 862.50. Plat 963 in 2009 and 1100 in 2010.

[Wizard]

We all know what that is Simon.....Wishful thinking! :)

[Shard]

Look at GLD, only up 1%. Thats the effect that the rising gold price should have on the share. Its out of whack, market will correct, be careful this is a buy hype.

[#6]

Standard bank target earnings for GFI, HARMONY, etc set at an average of $900 for the year. So when gold shows signs of hanging around at the $900 mark, prices are likely to sit closer to the target. The longer it stays here, the more likely GFI will hold its price. If gold drops significantly now, short like crazy. If it holds for a couple of weeks to a month, shorting opps will be lost IMO