Post by
Bigsteel on Feb 13, 2024 12:09am
One day it will shine .
This is a compelling stock to watch . Since it's IPO of 5$ in 2021 ,it's in a steady decline . 70+% down . Don't own it yet , more downside if Gold price dips below 2k .
Comment by
Lynx9 on Feb 13, 2024 12:28pm
And arn't you lucky you don't own GROY and probably never will! Many of us were hoodwinked into this wannebe company through APE. ELE management saw the game and saved their sharholders from financial ruin!
Comment by
Bigsteel on Feb 13, 2024 1:01pm
yes , but I do own Newmont at 54.22 . It pays a 4.5% Dividend. But sure enough it's down into the low 40s . Will see how much lower .
Comment by
arh0070 on Feb 16, 2024 11:09am
Groy has gone up I think in response to the new exploration results at Malartic.They have found more gold at East Goldie .It has always been very difficult to figure out Groys royalties at Malartic because its kind of a patchwork relative to where Agnico is mining.