Price ActionFVI sp getting hit hard after a decent earnings report. Market has no mercy for Lindero difficulties (covid 19). There may be a growing belief that gold/silver prices are heading south.
Very difficult to see that for the long term. Huge US debt will continue to grow, banks will prefer gold rather than cryptos, ... Unbelievable how the US can spend like no tomorrow to improve/sustain economy (infrastructure) and the fiat dollar stands ( short term)... Gold prices will move higher in the next few years as other economies improve after coming out of covid.
Cost containment wil be crucial, new low cost African mine production and finding new ounces in the ground will need to be long term goals for management.
Tough time for longs but a good day for adding shares at a great price.
JMHO