With gold now through $5200 aussie anyone making any sort of solid gold discovery will see a crazy rerate imo.
In fact, if this keeps on as it is, we may see a Poseiden type run. Imagine gold at 6-7k aussie which is starting to look likely now, I cant see how Donny is gonna walk all this crazy stuff back now.
Which really only leaves one viable strategy, getting long gold and hold on imo.
gonna be an interesting couple of months ahead. one could imagine another visible gold ann during up coming drilling.
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