Le Derp the life cycle of a mine chart is correct but IMO during commmissioning and ramp up, stocks usually drop further which is not shown on your chart.
Take a look at SLR. One of the best gold stocks you could have gone for and same deal. I've seen it over and over again.
People simply don't want the risk of a start up gold project and when you look at the aftermath of explorers trying to attempt this, you'll soon see why. Only a handfull make it through it seems.
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