RE:RE:RE:Teranga in GDX soon??I have this theory that I think is more and more likely to happen. To be clear, I do not suggest I am betting it will happen but I think it's more likely than not.
As we see the price of gold go up, and I believe given the current state of affairs and all the stimulus that it will reach around $2000 sometime this Summer. As it gains momentum, so will the coverage of the gold and that will attract more and more investors, at some point we will see what we have with other zealot stocks, bitcoin 2 years ago, toilet paper, sanitzier etc etc. A form of panic buying will begin to take hold and this stock along with many others in gold space will take off. I do not know what the multiples will be but I am personally to afraid to take profits because the fundementals on TGZ are still really strong and the upside is in my opinion much greater than the potential profits I might take today.
We all invest and hope to do well, you will have clearly done well. Congrats!
I however am still going to ride this roller coaster!