GREY:VITFF - Post by User
Comment by
Swingandmisson Jan 15, 2024 5:28pm
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Post# 35827863
RE:RE:RE:RE:Expectations
RE:RE:RE:RE:ExpectationsThis stock, and the mining sector are moving not on gold, but on interest rates. When we get news that the market takes as a sign that interest rates will be cut, the whole sector jumps, and bad news moves it the other direction. The whole sector is out of favor until the dollar weakens and interest rate cuts come. Yes, we will need production to increase and AISC to be lowered in order to get to mid teens, but $10 will be reached when the Fed starts cutting.