According to Cabral, this PFS is for preliminary production in order to finance further exploration. You should have commented on this rather than just insinuating that this is about their major mining target.
Yes. I noticed that. In fact, I bought more Barrick. I own lots of TSX gold mining companies (Torex, Kinross, Barrick, Lundin Gold were all down.) This is despite that gold was nearing peak highs. Personally, I believe it's due to the overall TSX index decline by 80 points or more, each day for the past week. Agnico was down slightly too. Also, I believe the gold miners have all been increasing, so the gold miner prices have already factored in higher anticipated prices.
I'm interested to hear your point. You think gold equities are undervalued? Is that what you're saying? I feel gold equities are grossly undervalued. I suppose gold miners always have to contend with all-in-sustaining costs. There still should be a lot of Q3 earnings reports coming out. I look forward to this.
@centralmountain4241 Yes. The producers are grossly undervalued for the commodity that they produce. Historically, this current market is not adding up. Miners are not only lacking institutional money but also retail. Investors under 40 are under the impression that crypto is a valid alternative asset and store of value. If gold keeps rising, then it will most certainly cause a senerio similar to a "short squeeze" and equity prices double or triple. However, I'm worried it may take too long, and if gold staggers equity will drop like a rock.
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments
Silver Tiger is looking really attractive as well as Aftermath Silver
Newmont isnt opera5ing at 50%
A partially gold backed BRICs currency sounds like a great idea. It might encourage fiscal responsibility worldwide.
That means its going down again.
According to Cabral, this PFS is for preliminary production in order to finance further exploration. You should have commented on this rather than just insinuating that this is about their major mining target.
Pie in the SKY comments
Why Barrick go down today
Yes. I noticed that. In fact, I bought more Barrick. I own lots of TSX gold mining companies (Torex, Kinross, Barrick, Lundin Gold were all down.) This is despite that gold was nearing peak highs. Personally, I believe it's due to the overall TSX index decline by 80 points or more, each day for the past week. Agnico was down slightly too.
Also, I believe the gold miners have all been increasing, so the gold miner prices have already factored in higher anticipated prices.
Gold commodity vs gold equity makes zero sense.
I'm interested to hear your point. You think gold equities are undervalued? Is that what you're saying?
I feel gold equities are grossly undervalued.
I suppose gold miners always have to contend with all-in-sustaining costs.
There still should be a lot of Q3 earnings reports coming out. I look forward to this.
@centralmountain4241 Yes. The producers are grossly undervalued for the commodity that they produce. Historically, this current market is not adding up.
Miners are not only lacking institutional money but also retail. Investors under 40 are under the impression that crypto is a valid alternative asset and store of value.
If gold keeps rising, then it will most certainly cause a senerio similar to a "short squeeze" and equity prices double or triple. However, I'm worried it may take too long, and if gold staggers equity will drop like a rock.