VAU 0.61% 40.8¢ vault minerals limited

POG Once suppon a time

  1. 79 Posts.
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    Many talk about the current and future POG, which is obviously a crucial element for the future of gold mines.
    However, no one talks about the POG of the past and it is interesting to compare the share price of RED/VAU (and certainly other gold mines) today with the first historical increase in gold and its peak in early 2012. RED was worth $2.20 with a POG of $1,700 compared to $4,200 today.
    Of course, we must take into account the price of the US $ and compare with the number of shares outstanding at the time, without forgetting that gold mines are dependent on their reserves, but it is still worth thinking about.
 
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