systematic problem right across the sector.
ALD poured first gold in feb, barrick bought into the story at 0.85 in late March, SP now 0.45
PLA (platinium) about to go from explorer to producer SP down 22% in three weeks.
AVO just announced a couple of days ago that they poured their first gold, SP down 36% in 30 days.
CNT down 44% from its early March high....at least it bounced today on volume.
I am starting to get over the day to day movements and might start looking month to month movements.
Imo gold will be at $1200 by the end of September, US dollar is terminal which will elevate gold to at least $2000 in the next 12 to 18 months.
We will look back at these times and then understand what the suppression was all about.
My only down side is i entered gold stocks to soon, hence my combined precious metal stocks are down approx 22% to my average price.
I guess i am not the only one in that boat.
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