GREY:ALXDF - Post by User
Comment by
Shylockon May 16, 2018 8:11pm
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Post# 28042756
RE:RE:RE:RE:EO or Prb
RE:RE:RE:RE:EO or Prbggrellette -
Nothing will hold up in the junior gold exploration sector when we have two smackdowns of gold's price two days in a row.
We need a rising gold price, which is to say, negative real interest rates, for the POG to rise and give rising value to the junior explorers.
As a percentage, the fall in the price of AZX has been no greater over the past two days than any other junior explorer.
I recall a sagacious comment by one of the gurus in this business, Rick Rule. Rick said, "the cure for low share prices is low share prices." When you think about it, that makes a lot of sense.
Better times and prices are coming. GLTA