Developing The Highly Acclaimed Coringa Property in Brazil
High Grade Gold Of 28.80 g/t Au, with 95.50 g/t Ag, 3.51% Pb and 0.66% Zn Intersected over 1.0 m at Coringa
Hub Controls
  • Demo Video
  • Upload Photo
  • Edit Company Profile
  • Add a Link
  • Update Fast Facts
  • Add Management Bios
  • Private Messages
  • Edit My Profile
  • View/Edit My Portfolio
Chapleau Resources > Message
Generic_profile

Re: Midday Alert - Spot Gold Price Update

Posted by: 10f90 on December 27, 2007 04:57PM

In response to: Midday Alert - Spot Gold Pr... by AGORACOM

Nice to be back to the boards after a much needed rest for the holidays... Baseballfan & Co., hope your holidays were as good as mine were.

I just wanted to comment that its nice to see gold at the high end of the recent range. Were a stone's throw away from the recent high of $846; and once that level is broken, we will appreciate nicely. Core inflation & CPI in the States is the highest its been for years and the inflation risk is appreciable. Money supply is increasing rapidly which will dilute the value of USD, which will force gold prices higher.

If Chapleau can find something significant at LaYegua or further gold extension at Coringa, combined with the high gold prices, were poised to go higher. Can't wait for drilling results at LY and 43-101 assesment at Coringa. Can't believe its trading at 33cents either!!

 

 

 

Post a Reply

Please login to reply to this message.

Executive Address
Chi-gendall-bc
Ian Gendall
President & Director
February 26, 2008

The following broadcast is an Executive Address conducted with Chapleau Resources President & Director, Mr. Ian Gendall

View Broadcast