I'd like to think we can hit new all time highs with the release of the latest quarterly production numbers in January.
$AU gold price is strong which should be translating to significant cash for the quarter and there have been hints from Richard re good production numbers for the quarter driven by high grade throughput so a lot of things going for us presently. A rally to above $1.50 on this news would reaffirm to me that everything continues to head in the right direction and a move towards $2 in 2022 is likely.
I'm also hopeful that GDX inclusion should be on the cards soon and should also provide good buying momentum but I'm not sure on the timing of the next rebalance so someone else maybe able to shed some light on that timing.
WAF Price at posting:
$1.27 Sentiment: Buy Disclosure: Held
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