That surprises me, I only just got home and checked it out, well at least we can take one positive out of this, some say gold is in a bubble, well IMO this is fairly clear proof that gold is not in a bubble. Remember the tech bubble, IPOs were opening at 200%, 400% plus premiums, here we have a tight register, mgmt with a good track record, right country and region, a medium resource with great potential, not a bad package at all and we dont even make par.
Maybe some of the international holders jumped at the proposed RRT, that is all I can think of, even though it wont effect us.
cheers grant
the above is opinion only and written without prejudice
VKA Price at posting:
27.2¢ Sentiment: ST Buy Disclosure: Held