The gold price is absolutely relevant for a gold explorer. How else are you going to value the ounces in the ground? If gold price is on a run higher, all Goldie’s should be moving higher. No doubt, a falling gold price will see our shares hammered.
Maybe the day-to-day movements don’t matter so much, but right at this moment, our share price is being held back whilst the gold price is on a wicked (maybe a once in a generation) uptrend.
Just my opinion.
The gold price is absolutely relevant for a gold explorer. How...
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