NST 1.45% $14.73 northern star resources ltd

kidding - right?The gold price and the macro climate that...

  1. 12,607 Posts.
    lightbulb Created with Sketch. 175
    kidding - right?

    The gold price and the macro climate that determines that value has nothing to do with gold miners ?

    Interesting perspective !

    Have you listened to the link mentioned here repeatedly to understand just how Bill is trying to derisk the operations - the multiple orebodies being accessible - the savings being implemented etc etc etc

    So the main problem facing all gold producers actually is the POG - the macro events driving it - to see how much "room" there is to move .

    Last night the DAX/CAC and DOW all got hit (EU far worse) - but all these market gave a strong signals that "new highs" are not (yet) sustainable.


    But hey - what do I know.......................................


 
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