When the POC drops so do exploration stocks
1 month ago the price of copper and the market with it hung in the balance above $4.20lb support.
Then it nosedived below support and the market as predicted with it.
The POC has been an accurate indicator and advance warning in that as the POC goes so does the market .
With the ongoing slide in the POC as we are seeing now and the markets predicting a further drop as a result , who in their right mind would feel safe getting caught up with the current mirage on the GLD horizon. When the sun sets out of sight the mirage evaporates with it.
This company has itself shown it has no gold of value along it's borders with Trelawney . It's only hope for an ace card has turned out to be the joker in the deck.