A interesting money of mine episode on gold developers. Not positive really overall for next 6-18 months.
Not alot of Australian explorerss with low strip, close to infrastrucure, high grade out there. We got that.
Last 12 months a 50% spread created from explorers to producers.
But they did discuss how in 2020 gold explorers pivoted and went nuts within one month. Change happens fast. I remember that as well, if you annouced high grade results it was rockets. GBR was 2021.
BoA amongst many stating 3000USD gold in next 12 months.
When this turns, and it will, always has, nobody will have an excuse to not be positioned for the boom time.
The Druck
GBR Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
