You are right and thank you for sharing my reasoning. Since Vault has not benefited from the increase in the price of gold (unlike GMD, EVN, GOR, RXL and many others), it is logical that if the market falls, the downward impact will be less significant, especially since Vault is already low enough for its shareholders' liking !
VAU Price at posting:
46.0¢ Sentiment: Hold Disclosure: Held
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