Well lucky I didn't get in yesterday haha.. another drop today, pretty nasty.
obviously this one seems in tandem with gold price/sector in general... don't know if and when we'll see a gold price rebound, I guess that's where the punt will be, if you see gold retracing above $1,650 this stock will put on a good $0.30-0.40 in the near term.
short of that they're going to have 4 mines in production soon so looks like commodity prices will be key.
does anyone have an estimate or an article that perhaps touches on what gold price we could see if we return to a pre gfc stability environment , minus the extra liquidity slushing around? Woudl gold drop back down to pre $1000 times?
EVR Price at posting:
$1.53 Sentiment: None Disclosure: Held
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