It has definitely shat the bed the last 2 days! The last run up prior to this one it hit $3.96 and then fell all the way back down to an intraday low of $3.33. It then charged ahead to over $4, very unpredictable and volatile- a lot more volatile than most other gold stocks and seems to move the other way for some unknown reason? T Rowe no longer a substantial holder yet probably has a decent chunk they still need to off load so the price might stagnate around these levels for a bit assuming the gold price doesn't shit itself. I think gold will have a good 3 months and we will be back over $4 in the next couple of months.
Long term I think she will be fine, I've got a 4/5yr time frame.
Cheers Fursty Mmmmm
EMR Price at posting:
$3.38 Sentiment: Buy Disclosure: Held
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