RE: terrible investmentGold ist strongly up and we head further down, not really understanding why! "
First of all, junior exploration companies do not move up or down with the price of gold.....for the specific reason being that they have not even been proven economical yet, so its certainly not going to follow the minute by minute upticks of the POG.....this is a constant with all exploration companies.
Of course, if gold went through a meteroic rise, of a fwe hundred dollars an ounce, then yes, every company associated with gold would go up, but the juniors will not follow the day to day movements of the POG like the producers will.
The #1 thing that moves exploration companies is whether or not they FIND gold or not. Anyways, as for not understanding this stock, it's pretty simple really.....they're not hitting anything in this drill season.....