No doubt some profit taking today as the sheep, bots and traders exit with a dip in the gold price last night. Amazing how knee jerk the market can be. Been a great couple of weeks for Cai. Will be interesting over the next few weeks if the momentum can continue and whether 0.50 is support or short term resistance. If you look at cmm the massive rerate was more than12 months before production not 3-6. We are about 10 months out now. Volume has been increasing nicely too. Instos are seeing value here. We may dip today but I hope we have turned a corner.
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No doubt some profit taking today as the sheep, bots and traders...
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