I don’t think my post was deceptive.
I said it’s funny how the market values “production guidance”.
Of course there are any number of metrics you can compare. I think current production guidance is an important one as it is a measure of the expected gold that’s coming out of the back end of the mine/s and the price at which it is expected to be produced. The rest is basically forward looking and less reliable from an investment perspective as variables are always subject to change.
Esh
Broker Report March 2018, page-56
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