If you look at the general narrative of gold, it's changing. It's worth noticing the actual taper didn't quite push POG below the June low, as most people expected. It's now creeping marginally higher.
Question - if this is a sustained rally in POG, would a company with a relatively low grade and a high gold reserve perform better than a company with a high grade and a low gold reserve? I think everyone knows the answer to that.
PXG is not quite the bargain that it was at $0.10 when I last averaged down but the rest assured the party is just getting started IMHO.
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If you look at the general narrative of gold, it's changing....
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