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  1. #10
    FEAR n GREED JBmurc's Avatar
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    Quote Originally Posted by Rowdy Flat View Post
    They aren't mining anything. Gold price is largely irrelevant if you aren't pulling the stuff out of the ground. I prefer a gold producer to a golden prevaricator.
    Not always I was buying CMM at 7c explorer development play sold out @21c .... WWI from a recent .5c low to 1.3c RXL 2c to 2.7c CWX -10c to 25c(I have held them all) recently could go on and on so many ASX explorers have done very well on the back of a rising Gold Price along with producers..

    what you find is most successive Gold producers are very highly priced the likes of NST,NCM,SBM over the same time as the above movements from sub 100-10mill cap have gone up very little percent wise many much the same price or lower than during 2019 !!!

    PRU one producer that has done well up around 100% .. but the idea one should only buy producers to gain growth in a GOLD Bull is utter crap
    Last edited by JBmurc; 10-01-2020 at 01:57 PM.
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