RE:LOL..let's do the math...gold up $15 KLDX up 0.01 centspassionatepiper wrote: So if gold is up $150 KLDX should be up a dime. If gold doubles then KLDX could be near $4 bhwaaa!
RESIGN HUET!!!~ RESIGN!~
There will have to be a short covering rally soon similar to what occured around June 13th-14th where in one day shares shot up around 45 cents over 10 % I think it was. Then we hit over $ 5 bucks around June 24th not long after the initial short covering rally.
These shares are now ridiculously cheap communications/PR issue or not. Same thing with other companies B2Gold etc. Plot a graph of Pretium, B2Gold, Klondex, Teranga, they are all down almost same amounts in %age terms. This is actually sector wide even though gold is up the past month nearly 70 $ from the lows of early July... Never seen such a drag on the sector in so many years. Reminds me of Fall 2015 before the mega rally of 2016..