Prior experience with BDR over several years shows that if the SP falls ahead of a quarterly it will be a poor quarterly. The evidence is increased shorting ahead of the announcement.
A quarterly is due, next week if my memory is reliable.
The SP is now rising suggesting the quarterly will meet or exceed expectations.
But another question remains. Will the SP rally after the report is issued or will long suffering holders see a "buy rumour, sell fact" situation develop?
Gold price, page-6852
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