RE: RE: RE: Is it fundamental or psychology?You're comparing oranges to tangerines, to modify a common saying.
NG, NGD, and K are all larger gold producers. CAN is still an exploration play. You have to compare CAN to others that are similar. For example,
ATC.V - down 8%
VTR.V - down 5%
Even then, the usefulness of such a comparison is weak at best, given that company-specific factors are the main drivers of their SP's at this point.
I don't think that there's any deeper meaning to this pullback other than CAN ran up too far, too fast, and it was overvalued for this point in its life cycle.
We need a large number of drill results to come in and prove the value here. There's a lot of spec built in, and it's time to turn that spec into something a little more concrete. The longer that takes, the more downside risk.