Somebody posted a great link showing the correlation between mine size per ounce, and dollar value per mined ounce. Cannot remember who posted it though but if I remember it correctly it would confirm your thoughts.
RE: Goldman Sachs....BUY MORE GOLD!25 Mar 2020 21:14
Maximus, If you got rid of that annoying pratt JE, well done, you have my gratitude and I'm sure many others on here will share my sentiment. Let's hope he stays gone. Sick of his drivel.
RE: The only Gold resource stock to be in GGP24 Mar 2020 14:01
Jones Richard was on this board, but got called out by ex SXX investors like me pretty early on. I reckon JE is JR, changed accounts when he realised it was to hot for that user name. Same feckless verbal diarrhea and moronic predictions day in day out.
If we are still at this price next week I will top up / average down. Sitting on a nasty loss at the moment but I still believe in the fundamentals here. Glad our resident muppet isn't spouting his garbage so far this eve.
If and when this corona virus gets stopped in its tracks, the market should boom. I'd like to think our patience will be rewarded when confidence returns.
It will either be subdued as you say, or will go mental with people seeking a safe haven in gold. Should go to bed, shouldnt have another glass...but going to.