Yeah i pretty much did the same. Sold down also on all/most of my other aussie miners into strength for reasons:
- AUD/Commodity price is much lower despite gold higher
- No deffinitive confirmation as of yet as i do see a retest of 1210 or even 1200.
(Should this happen miners will be sledged with a big whammy because of unfavourable AUD/USD rate.
- Finally tomorrow is Friday and there will be a lot of profit taking given this weeks performance.
IMO Cheers
None the less i do see POG higher near and long term
BDR Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held