RE:DeclinePlease let's hope so ... I bet when gold hits $1650 Img shares will be worth equal to higher than what they are now ...... (makes sense right ; gold trades at 1800 and the sector is in the toilet ???) look at the price of gold over the past decade and the price of Img shares ..... ??? It's not directly correlated . This company will not exist anyways ...someone else
will take it over
greendayyyy wrote: With gold dropping to around $1650 and a stock market correction of 10-15%, this could push the mining industry down another 25% or more. Could see April 2020 prices of $ 2,30 for IMG