Still overpriced me thinksGreat they have that money for the light bill, but the drill results are nothing too arm wave about.
Highgold hAS MUch better results and has a less market cap. And it cannot get any love either.
In fact the whole sector itself cannot muster any love, or shareprice appreciation.
The price of gold is just hanging around $1700, and may dip tommorrow or next week yet again. Until the FED decides too slow down on its hikes or pivots.
But by the sounds of it that may be a while yet.
Gold may end up down around $1500 by then.