RE:AlternatelyYou honestly have to wonder what is going on when you have a sector and more importantly many well run companies like this one producing large cash flow, earnings and decent dividends but share price showing how out of favour this sector is. Current prices are assuming gold at $1200 an oz, or these firms management spending the retained earnings like drunkand sailors on shore leave at (pick your your sleazy place).
Geopolitical location is an issue you cannot ignore but current price is lower than when there was an actual COUP going on!
Are we geopolitically going to experience inflation, deflation or stagflation....well, regardless this company is actually producing REAL value/currency, as in gold, so it should that along with a stellar balance sheet, imo.
I agree, buy back shares at this level.
I presonally believe Biden is the Jimmy Carter of this decade so expect serious monetary and fiscal disruptions, a.k.a higher taxation, currency devaluation, inflation, government controls...nothing that many Latin American nations have not already gone through before already.
Play safe.
Other picks that beg similar review are ABX, JAG, CXB
H