Agreed that the closing SP is against the trend today given a small improvement in the POG but not all that much. US$ gaining ground again right now with POG up slightly. That is contrary to what has become normal behaviour and indicates strength in sentiment towards gold. I am buying more at a lower price and so willing to see more decline in the POG, along with CDV. I am happy to hold longer than all you day traders and my last purchase was at 45c with an average of 32c so far. Gold may dip lower yet but the auguries and their priests would indicate better going forward. This time of year has a habit of a soft gold price but POG often increases through demand factors around late January into February. Of course other factors can overcome this. I like the CDV story thus far and would like to acknowledge @Davisite who put me onto it.. CDV continues to have low valuation metrics in my spreadsheet of comparative gold companies. Even a big drop in POG will not turn it into a lemon. Carpe diem (however long the day may be).
CDV Price at posting:
39.5¢ Sentiment: None Disclosure: Held
