Merger Dacian & NMT - Discuss: Good idea or not?, page-5

Yes Aussie goldies SP will be depressed based on the US/Canadian goldies (average return down by 2.68%):

Above are just a few of the worst performing goldies in US/Canada. More companies are not shown.

However the good news is that there is nothing that had change fundamentally on the gold front other than perhaps, as you mentioned the good news on vaccine. Observable fundamentals are: slight uptick of 10yr bond rate, hardly any movement on the US$ exchange rate and likewise **promotion blocked** Gold VIX. So I would not be overly concerned on the GP drop i.e. a good buying opportunity for some. The best one can hope for DCN SP is to hold steady at 36c.

DYOR