Here is a bit of data… I am unsure of what to do.. sit and stay? Or take money and run?

5 Year Chart

SGX is moving rapidly ahead with both production and profits. SGX sold 51% more gold between Dec – June 2009 up 51%

Read about Sino Gold at http://www.australian-shares.com/mining/SGX

Latest Half yearly report http://www.sinogold.com.au/newsite/Docs/PDF/754425.pdf

Sparty holds SGX.

All that glitters is Newcrest’s golden fortunes
Barry FitzGerald
August 18, 2009

LEADING gold producer Newcrest has been chased higher on the market after posting a better than expected June-year profit and again increasing dividends.

But chief executive Ian Smith said the market was still undervaluing the company, based on its five-year growth profile that envisages gold production surging by 40 per cent to 2.3 million ounces a year. Read article

Want to know hwere gold and silver ares going? Spot Gold Trend Analysis Done by Marketclub. Costs nothing but gives a useful heads up.

Spot Silver Trend Analysis Email response is HTML and may go to your junk mail inbox

Gold seems to be having a bumpy ride at the moment as do my gold shares.
This tool allows you to get a free Spot Gold Trend analysis done by Marketclub. Costs nothing but gives a useful heads up.

Spot Silver trend analysis

N.B. Takes a couple of minutes as their servers are in the USA.
When I got the analysis response it went into my Junk Email folder so you might want to check there if it doesn’t arrive within a few minutes.

Gold Coast’s Q1 Deck up for grabs

Maurice Dunlevy | August 12, 2009

The observation deck of Australia’s tallest building is on the sale block after being seized by receivers in June.

Ernst & Young has ordered the $15 million to $20m sale of the Q Deck in the Gold Goast Q1 skyscraper as receiver and manager of the Octaviar group subsidiary Sunleisure Property Holding.

Octaviar, the former MFS, bought the deck as part of its $105m purchase of the Sunleisure business from Gold Coast developer Sunland in 2006.

The purchase included the retail precinct of Circle on Cavill as well as Sunland’s childcare business Sunkids, which was not affected by the receivership.

Read story

Need a holiday? Visit www.GoldCoastAustralia.com to see why the Gold Coast is THE place and if you want an apartment for your family visit www.GoldCoast-Apartments.com

Read about SGX

Excerpts from Daily Wealth

Only a handful of public companies are working with the Chinese government to expand the country’s production. Those companies will reap huge rewards as China dumps its dollars into its domestic gold industry.

Sino Gold (SGX on the Australian Exchange), for example, is a $1.2 billion China-focused gold miner. It owns two operating mines with two more under construction. The company’s remarkable ascent began in 2001, when it acquired a small project called Jinfeng. In just six years, Jinfeng went from a rough one million-ounce resource to the country’s second-largest gold mine.

China’s government is so eager to get its hands on more hard assets, it’s willing to go to almost any lengths to kickstart its mining industry. That kind of support can yield tremendous returns for smart investors.

China’s the world’s third-largest country, covering about 3.7 million square miles. That land is incredibly rich in mineral wealth – it potentially holds over 320 million ounces of gold.

Australia close to top of gold pile

Posted Tue Aug 4, 2009 6:00pm AEST
Updated Tue Aug 4, 2009 6:29pm AEST

A delegate at the Diggers and Dealers conference in Kalgoorlie says Australia is heading towards the position of second largest gold producer in the world. (Perth Mint)

A mining analyst says Australia could become the world’s second largest gold producer within two years.

The managing director of Surbiton Associates, Sandra Close, says high gold prices and a continued production decline in South Africa could see Australia move into second spot behind China within two years.

“Australia and the U-S sit somewhere in the middle,” she said.

“We are a big player, we’ve been a big player now for a few decades and people don’t realise, I think, that we are so large on the world stage in that respect.”

“We’re sitting third or fourth in Australia at the moment.”

Here is a list of Australian companies producing more than 100,000 ozs of Gold per year..

Producing more than 10,000 ozs of Gold per year

Follow the links for detailed summary etc

In an assessment of the current gold market, Donald W. Doyle, chairman of top coin dealers Blanchard & Co. sees very positive signs for the gold price in the short term.
Author: Blanchard & Co.
Posted: Tuesday , 04 Aug 2009

The slow trading months of summer are usually a time when gold prices decline, but economic analysts at Blanchard and Company, America’s largest precious metals investment firm, say that indicators this year have them believing the metal is poised for a big breakout by the end of the third quarter… read article