RE:RE:Nfg and gold pricebraindeadoldguy wrote: Dixie, I would love to agree with you. Unfortunately, in the gold listings they don't have 2 categores, producers and explorers. They are lumped together and computer algorythmic trading knows no distinction. Fractions of pennies are scalped so fast your eyes can't keep up, and then it's over in less then a nano-second, only to be repeated at a price point built into the program, and off it goes again.
Results don't matter as much as production, unfortunately, and the game of the markets has changed dramatically in favour of the fed and hedge funds.
B-dog
Results dont matter?? Thats the dumbest thing ive heard. Explorers can go up and do go up when gold prices go down with discoveries and results. Producers cant go up with gold prices going down. Very simple.