Glad you had the courage to stay the trade and also picked up some more. Hope they return you some profit. I sold out completely, and bought back when it started showing signs of life. Some of my buying triggered the push in price. A lot of my gold stocks have done phenomenal except MOY and TRY.
Yes, the sharp spike in the gold price led me to change my view on the survival of MOY.(Still skeptical) Maybe a lot of people are thinking in the same way. Low USD, Low AUD= Higher Gold prices. Not long ago seemed like a dream to imagine AUD$2000 gold price. Now it's a reality. That Gold price makes a world of difference.
If the management can't make money at 2000 gold price, then they should be shown the door.(all of them) Bring in the people who can do the job. The Gold price could have granted a new life to MOY.(Hopefully)
Just waiting for the ASX please explain letter for all what has taken place here.
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