Askari
its market sentiment, not fundamentals.
The overriding sentiment in the gold sector is fear. Fear causes very conservative and sometimes irrational behaviour. Its going to take a long time until investors scramble over the top of each other back in to explorers. When ABU gets its ML and sets out clear production guidelines then it can be valued by the market and rerated. Until then it is being rated as a highly speculative play whether we like that or not.
abu - potential not possible?, page-6
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