The logical answer to your question of why explorers or near producers lag the gold price, is that the informed investors do not believe in a longer term higher or even same value of gold. Simply put, this is a statement of the extreme uncertainty of the financial times we are living in.
Discovery cost per ounce $70in Australia. Similar in Canada.
Purchase a discovered ounce in West Africa..$30/ounce
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.42M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 57623 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 2500 | 1 |
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| Last trade - 13.49pm 07/08/2025 (20 minute delay) ? |
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