I don't know if I agree with that timeframe re gains. I think once we've moved through this holder selling down and we see the next pop in gold price (in the 10-15% bracket) sentiment and low liquidity will drive this into the 50-60c range.
My guess is June/July - once we've had 1-2 months of the inflation data come through that will scare enough people to buy a little gold insurance... regardless of whether you believe this is transitory inflation or not. I expect that macro theme will float all boats in the gold miners so unless you believe in the GPR promise you can just as easily hold safer bets (NST I would deem the safest risk/reward in this regard).
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I don't know if I agree with that timeframe re gains. I think...
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Price($) | Vol. | No. |
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