Both GOR and DEG are clunkers.A significant bull market in gold and thier share price hasn’t changed in 4 years.Best to invest in senior producers.Agnico reported quarter results yesterday with profits up a lot .Its share price is up over 30% during the same time period ,increasing its dividend and investing conservatively in their three tier 1 Canadian assets,paying off debt and rewarding shareholders.The opposite of DEG/GOR who are poorly managed.Same for Newmont which is investing in core tier 1 Canadian assets and getting rid of its Aussie assets acquired in the takeover of Newcrest .This takeover was driven by underpriced Tier 1 British Columbia assets and they are selling off none core assets.
GOR Price at posting:
$1.72 Sentiment: Sell Disclosure: Not Held
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