So how do you explain the general drop in SP for all goldies in the last 2 weeks...Do they all have leaks?
or is it that the US has had a better period and the data from the reserve bank is pointing to a recovery, which in turn will drive gold down, or is it that the last couple of weeks has seen a fair few analysts come out saying goldies are well over priced, or has people who go in for a quick return are fed up and are putting $ into other opportunities.
Eg companies that make tonnes of cash and pay dividends:
Northern Star dropped from $5.20 to $4.
Saracen dropped from $1.85 to $1.27
Resolute dropped from $2 to $1.75
Saint Barbara dropped from $3.25 to $2.83
OGX hasn't lost move or less value % wise than any other company out there.
OGX Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
