PRX 0.00% 0.2¢ prodigy gold nl

golden hind, page-4

  1. 14,259 Posts.
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    How about maybe just following other larger gold producers.
    NCM down 2.9%, PRU down 4%, AQG down 4.5% ABU down 4.9%.

    Not looking ABU specific.

    Why are these producers down?
    POG down $30 didn't help.
    Those mentioned above are at or near 1-2 year lows. (NCM near a 4 year low)
    Might be end of year book balancing on those and ABU being dragged down with them. If that is all, might be in for a good rally in a week or two.
    Who knows.

    Has something gone wrong with ABU.
    I doubt it, everything released has shown everything has gone right, not wrong. Outperformance relative to peers (junior explorers/developers) backs that up.
 
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