Post by
riddle5 on May 04, 2017 11:27am
Does not make sense
I understand gold is down, and therefore there should be some downward pressure on the stock - but with new discoveries, increased production and reducing guidence on AISC by about $150 - how does a $20 drop in gold sent this down about 4%, while other miners with not nearly as many positive catalysts are down less than 2- 3%?!?
Comment by
checkup on May 04, 2017 11:51am
This post has been removed in accordance with Community Policy
Comment by
trader3000 on May 04, 2017 12:57pm
Added more at 9.60 and thought I was getting a deal. Great drill results, great financials. Wow. Checking the Sofas for change.
Comment by
goldstd69 on May 04, 2017 8:16pm
that is what I do not understand...the dollar cratered today...and with gold and silver oversold you would have thought that the metals would have rallied rather sharply...but no they dropped again...silver is down 14 days in a row...you dont see that very often....interesting times which make zero sense in the mining sector...oil, uranium, metals are dropping every day.