RE: Gold: The Long-Term Trend Is Up, But The Real Opportunity Now Is In Miners - Seeking Alpha9 Apr 2024 09:31
Tygra, as I see things gold has risen 15% in the last two months and since Newmount said they were selling and that has a couple of big impacts here - firstly it will improve the Telfer economics in the interim until Havieron gets started and secondly it makes the 70% more expensive. How those factors play out is the uncertainity killing the sp imv. Is there a chance that they would reverse their decision to sell? It is a waiting game with big upside just now imv.