In all fairness I don’t think there is too much to be concerned...

In all fairness I don’t think there is too much to be concerned with here. 3 factors more than likely the price action recently

1. We have had few dull days as USA has had weekend/ public holidays for our trading days this week so far which means the POG price experienced lower volumes by roughly 50%

2. Given the above we also saw lower volumes throughout all stocks for the past few days meaning we are missing overseas buyers

3. Some of the Goldie’s recent production reports have been fairly avg (or bad) for the December quarter. Investors are probably hesitant to chuck money down until they see a few more come out across the market for December

I witness this for iron ore a few quarters back where the iron ore price was moving but the prices of stocks weren’t until September qtr was released. I would have a guess that it would be the same for Goldie’s in the December quarter reporting

Just for my sentiment I was a holder at the 70c range and sold out for iron ore a whilst back. I have recently bought back in at the $1.50-$1.55 range as I do believe Bgl has a few good quarterly’s to come