Chamonix, I agree with you, the market hates gold right now. Just look at NCM, hitting its 12 month lows. So we can't expect EXM to be rated fairly either.
But we've been waiting for this day for AGES now, can't we just be a bit exuberant without being brought back to earth with talk of retracement right now? ;-)
A lot of us are in this for the long term, so we are talking about fair value to be realized, maybe not this week, or next, but some time down the line when gold is favoured by the market again.
Patiently waiting for that day. :-)
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