Lack of InterestI hold a fair chunk of Teranga Gold at much higher prices. This is an excellent company with excellent management, with a PE of 2.9!
The company is doing all the right things, but we live in an unnatural economic environment manufactured by the FED and other central bankers. There is nothing that we mere mortals can do about it. Gold could be bottoming here, but we have heard this before. The pendulum has to swing back, but when? Many companies will be bankrupt by then and I'll be dead.