RE:RE:RE:RE:RE:Nobody ever said the stock market is logical... Not illogical just out of Favour in the mining sector and not geared towards retail investor only grumpy old men and a few smart ladies that is until an event happens in a particular sector like mining and everyone turns like a school of fish.
A nice finish for the day. While the disconnect between miners and Au/Ag prices remain out of gear at this time the fact is companies like CXB who are producing and expected to grow will now see Earnings Per Share growth that will be HOT especially if Au/Ag values hold at these levels and perhaps $3000. As far as Valentine Lake goes and CXB with all their other assets I would suggest a perfect storm is brewing to see them once again beat on earnings and expectations in the coming weeks and months.
The AI and semiconductor space has see the spotlight while miners as we know have been in a dark hole for years and due to their own fault in many cases. I don't see that with CXB given past history. Acquiring MOZ was a bonus and with precious metals moving higher and all in sustaining costs that CXB has in many locations we can assume those analyst targets will meet or beat expectation on timely completion of V.Lake and additional upside production from Nicaragua.
I don't expect the turnaround is here just yet but Tech Bubbles do burst and one can not build AI and semiconductors without all sorts of metals. I hear a nice cagihing sound today.