Investing in the explorer/developer market is hard. You need three things to all be working at the same time. Gold price, sentiment, and good news flow from the company. Even with the gold price at $1900+ many companies trade as if they have nothing worthwhile in the ground. The question, as always, is how much dilution will take place before the market is forced to value it higher
Investing in the explorer/developer market is hard. You need three things to all be working at the same time. Gold price, sentiment, and good news flow from the company. Even with the gold price at $1900+ many companies trade as if they have nothing worthwhile in the ground. The question, as always, is how much dilution will take place before the market is forced to value it higher
thanks for the insight.