Did anyone notice the huge money being poured into Gold producers last week.... RSG, EVN, NST... upto $21mill volume in each one on Friday .. that's a really bullish sign moving fwd.
producers always get a bit of a lift before explorers... once they get overbought, undervalued explorers start looking really good.
Sept Last year I sold 1/2 my stake in midcaps to strengthen my position in quality explorers... I'm hoping this year we will see a big move in some of these little explorers like ARD... they are still incredibly cheap... fancy some of us small private investors being able to have 1-2% stake in such quality assets... something one day we will be able to tell the grandchildren about... hopefully in a good sense... when everything aligns for us.
ARD Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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