I bought 13,000 EVN shares this morning at $3.39, and I may buy some more shares later on depending on price and the alternatives. A little while ago I bought back into SBM at $2.54.
These levels seems to be reasonable entry points given what the analysts at this website have given as their consensus price targets
I hold a lot of other goldies, some of which have retraced a fair bit. I am keeping some cash on hand in case the gold price has a further $USD50-90 drop and gives us even lower prices.
I assume that some of the latest weakness in the mid tire goldies is related to the December 2019 rebalancing of the gold ETFs.
loki
RRL Price at posting:
$4.13 Sentiment: None Disclosure: Not Held
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