share priceIMHO, the share price today is a GIFT!
The reasons why it's sub 40cents today is that:
1. gold (in USD) is down 5 bucks, because of central bank intervention to support the record Treasury auction this week, and bullion bank intervention at month end to deter contract settlements in physical This is a temporary phenonenom.
2. gold stocks are down 5%, the fact that we're UP 10% today is a huge accomplishment.
3. we're coming off wednesdays low of 25cents, which was a panic low
Sure, I would have loved to seen 40+ cents today, BUT on the flipside it meant I was able to back the truck up and load up on another block of shares.
This week was all about supporting the USD to forestall a failed (and record amount) Treasury auction. Next week will be a different story, I'm banking on it!