Spot on @cate88.
A few pip traders and short term traders cashing in is a drop in the ocean in the whole scheme of things. 80% of the drilling news coming from the company is very promising to say the least. Some smart players are accumulating here, mark my words. Although many believe that the POG is directly related to high inflation, that is debatable and some even claim a misnomer. IMO, the POG is directly linked to investor fears associated with a range of economic conditions including inflation, rising rates and other factors. Watch the POG move north if crypto keeps dropping. They're the fear factors that will push the POG well over $2k an ounce. All IMHO.
The upshot... I'm hanging onto these little babies tight and buying more on the dips. Each to their own and pls DYOR.
GLTAH
Mr B
Ann: Citadel Project Exploration Results, page-21
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