Diesel / Oil costs, equipment breakdowns, Mother Nature, interest rates, a stupid board decision or an on site ‘incident’ can affect even the best Gold Miner.
Add to that bots, stock manipulation & unfavorable media articles, are they worth the risk ?
Perhaps converting profits to physical is an option for some…
I sold out of all my Goldie’s during Covid. Been on the sidelines ever since, accumulating physical.
The likes of NST, EVN, PRU, even RRL & SLR had been good to me. But I just can’t see the risk v reward anymore, so am happy just accumulating physical.