RE:RE:RE:RE:Great news, but will the stock move up ????????Investing is a lot easier if you think long-term rather than short-term. ;0)
Unless the POG goes into a long-term secular decline, which I think is unlikely, I reckon I'm getting a bargain picking up EDV shares at this level. If it turns out that I can pick them up significantly cheaper in a few days time, and the case for gold hasn't worsened... well I might just buy a few more and say "thank you Mr Market". :0)
It helps that I hedged my portfolio with December index put options a few weeks ago, so that protects me against general market declines such as that we're seeing at present, and hence I can afford to be sanguine.
Cheers,
Mark