The way the producers are being bought up, including the gains...

The way the producers are being bought up, including the gains in the last few days tells me the market is expecting higher prices of gold. PRU recently gave guidance of total site costs expected to be in excess of $1,100 (and $1,132 reported for Mch qtr). Allowing for any expense not included in site costs (e.g. exploration, corporate overheads and tax) would leave very little profit to report at US$1200-1250 and yet PRU has held up well over the last few days (up 20% off the low last week including 8.5% today).
If the market expected gold to fall back below $1,200, then PRU should continue to underperform, not outperform.
SBM currently up 16%, SLR up 10%, EVN 7%, KCN and AQG around 6%, RRL with less leverage to POG up 4.8%.
ABU just behind RRL on 4.3% but hopefully another tick up by the close for 9%? ABU also has less leverage to POG on OP but high leverage to gold with Buccaneer, Hyperion and the very large land holding. However none of the latter are being given much value yet.