Pending bad news is always a possibility. But I am thinking that while wee goldies are going for a bit of a run at the moment, the ones I am aware of all seem to have some - gold that is. We do too. But by ignoring it (our gold) for two years we have positioned ourselves as the greenest of green-fields explorers. So I wouldn't be at all surprised if some folks are exiting to place their funds in goldies with gold (i.e. closer to having a meaningful, tangible resource) which are more likely to be caught up in positivity around gold and get legs.
I actually think the logic has some merit and thought of cycling out myself.
I also think the management approach of deliberately ignoring the current resource to look solely for elephants was stupid and I note that as soon as B2 came on board we did a quick pivot back.
How do I reconcile this with @Diddler's charts showing we generally track the price of gold? Well we might but we can't ignore the relative aspect. If others have done a better job of presenting and crowing about their resource they might track the price of gold too, but at higher metrics. Hence the incentive to swap out.
All idle thinking based on "the vibe". And I still like the asset and hope for the elephant (mammoth?) to come crashing through the tundra any day now...
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