RE:RE:RE:The stock has already tanked enoughNot sure if you have owned stocks which have undergone share consolidation.
In my experience it typically does not yield the results you are hoping for.
The positives for BTO is the amount of pure profit it makes each year (like a Canadian bank - the only question is how much they make)
The dividend now provides over 6% yield
In 2025 a new Canadian mine will start pumping out more cash
Price of gold commodity is staying at or above $1900/oz for a year now
BTO share price is not alone in what the market thinks about gold stocks, chart BTO against ABX for example. ABX mines on the same geological structure just kilometers north of BTO's Fekola
There are some articles (eg. Value Trend - Keith Richards) out there discussing gold commodity cycles and techical review suggests we are entering an increasing up trend in commodity price. I am banking on the gold miners like BTO ride this trend upwards.
Red