Correct. I am saying there is no disconnect, I think most are valued correctly. Even with the increased gold price mines are getting put on care & maintenance. Sure, some gold stocks will rise with the current gold price rise, but they will get sold off when new share holders are disappointed in future announcements with poor returns as rising costs eat into revenue.
BCM Price at posting:
2.0¢ Sentiment: None Disclosure: Not Held
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