Gold at $1700/oz. Mining stocks significantly easier to value as there's thousands of historical drill results and grades to compare against.
Trading GTG relies on nothing other than market sentiment with the added bonus of having 4.6 billion shares to make it that extra bit difficult to profit from.
Perhaps over time I've become more and more risk averse. The more picky I am with micro caps, the more profitable.
To me, GTG is ultra high risk hot-trash regardless of the fact that there was a single pip (11%) of profit to be made, meanwhile PDI on news day was far safer.
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Gold at $1700/oz. Mining stocks significantly easier to value as...
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