Probably 1.05 or lower if gold didn't go up 20%. You can't...

Probably 1.05 or lower if gold didn't go up 20%. You can't expect gold development companies to perform as well as gold producers in this environment with higher rates. There is also the market favoring types of stocks in a sector in a given year. A few years ago, I was wondering which stock to pick, waf or deg, I picked waf and it was the wrong decision, but I know how gold stocks work, some gold stocks do better than others in a given year, so ok waf is still ok, I'm not going to sell waf at a low and buy deg at the high and think I have fixed things with my shares, no, best to wait it out. I'm giving my perspective from 'the other side'.

I like DEG, but I hope it falls if investors start chasing producers and throw deg under the bus, I'm going to be there buying.