Your opening line says a lot for me and I expect many who view this forum, in that it exposes a constant theme where gold is worked lower in the Aussie open hours, which has the affect of dampening sentiment in the listed miners so that large holders like Blackrock, State street, Vanguarde and the like can work the miners lower and accumulate. Then as you say, from 4pm gold moves higher. Meanwhile you're sitting there thinking "#u(% off", and while happy to see gold moving higher, less patient and weak holders have fallen for the trickery and handed their shares over. Then the miners are rarely fully rewarded for the rise in the gold price, evidenced by the current share price of most being lower than when gold was $1000/oz lower.
Having had my little gripe, lol, I continue to hold in the belief that the miners, (those with management who are genuinely trying to keep AISC as low as possible) will eventually be fairly valued.
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Your opening line says a lot for me and I expect many who view...
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