for long time no one believed the gold rally and that was one of the main reasons why gold stocks did not move. also, costs went up due to... rather not talk about this. lol
Now the tide is turning and hope it will last longer. We had one false start earlier.
As I said.. if POG keeps adding $10-$15 per week which are very small gains, the sentiment will shift with such a force that will cause real rush into gold stocks. It will probably take about 8 weeks from here but every ape will be chasing gold stocks.
But if it happens then we see same rush like with lithium and rare earths in the past where every imbecile rushes to buy and push the share price 7-8x its real value. Hope it happens...
how to know it is happening - when you start to see comments like - this thing is worth $20 when the SP is already at $4 (which will be $2 over the fair value assuming positive Kaiser upgrade and Scoping Study) - in our case.
Also, when BBQ conversations shifts from $1.5m 1 bedder in Lakemba with "potential" to spec explorer that reported rock-chip reading 3g/t Au and pumps $200m MC and "experts" say it has places to go and it's worth $1bn MC.
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