The fund managers holding it. They wanted a pure plays and they knew the gold stocks trade on a higher P/E than the non-goldies. They also wanted the gold bit to be repriced by being open to take-over.
IMHO if MLX clarifies the path to profitability in Cu. that mechanism for re-pricing is still open.
I'm of a much less favourable opinion on WGX because that was pasted together with spit and (...) fill in your own noun. I'll say straw.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)