You had made a good call in topping up GMD recently. I agree that there is a chance we may get to $5.00 by EOM. Given the good Mar qtr report and the on-going uncertainties created by Trump, the momentum is for gold to drive GMD much higher within a shorter time frame. There is no doubt that GMD management delivers and shorters will have to take note of that and perhaps may have to cover their losses sooner rather than later.
GMD had shot pass almost all of the recent stock analysts price targets (exception is Canaccord Genuity who has recently set a new price target of $5.10 w/o the Mar qtr report) and we should expect a slew of new and much higher price targets from the others. Perhaps in the >$5.00 range.
Cheers. GLTA.
GMD Price at posting:
$4.31 Sentiment: Buy Disclosure: Held
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