RE:RE:RE:RE:RE:RE:RE:RE:RE:10 CAD...Pete1986 wrote: Not sure what you are talking about. I dont't see Lowest share price in the past couple of years was around 5 CAD, so only 100% since that time. But during that time, also the gold price went up from 1200k to almost 2000k. And investors also took the high risk during financing and construction. And taking all that into account, the current share price is one of the worst in the eintre sector.
And take the 52week comparison. Its down almost 20% within one year. Its also down more than 20% within the last 2 weeks. Thats all not good. Sorry, maangement needs to deliver, but all they can do is talking about creating shareholder value. But they do not deliver.
I purchased my shares in mid Nov 2018 at an average cost of $4.53 and sold half last month at $12.00 for a 265% gain. The remaining shares I have currently have a paper gain of 225% so your assertion that the retailer doesn't make when the Lundins are involved is utter nonsense.
As far as the performance the last month check out the charts of of Agnico Eagle, Pure Gold, Eldorado Gold, Calibre Gold, Marathon Gold, and the list goes on and on. 90% of gold stocks experienced a decline of 15% or more during this period. Like I said if you can't handle volatility the stock market isn't for you.
Ang