Ann: Outstanding Further High Grade Gold Results, page-114

Macro forces are against us today and most goldies (DEG, GSM et) are getting smashed).
There is a melt up in equities underway driven by money printing and massive cash inflows along with silver bullet dreams for Covid 19..
While the melt up is underway safe haven gold is out of favour, with investors taking profit on gold companies and rushing into equities.
Note the price of gold is still around USD1800.
The economic reality of the pandemic will bite soon enough with even more debt and quantitive easing has its limits.
Then we will get a massive melt down in equities and another surge in the price of gold.
Is MCT worth its market cap?
Yes it absolutely is and we should ride this sell off out, accumulate more and be patient.