If gold breaks out above 1760 then it is precisely these out of favour -- marginal/underperforming goldies that will have the biggest gains as the boat rises and shorters cover.
The whole sector is heading towards consolidation so I expect quite a bit of M&A deals as the gold price rises.
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---|---|---|
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4 | 24275 | 2.580 |
14 | 144700 | 2.570 |
7 | 73231 | 2.560 |
3 | 20751 | 2.550 |
Price($) | Vol. | No. |
---|---|---|
2.620 | 12212 | 1 |
2.630 | 16899 | 2 |
2.640 | 51991 | 3 |
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