If GP does not move - and with the GP the mining sector - than nothing will happen. If it would just depend on good news, MOY would be a long time ago higher. To be effected by news Moy is too small for.
MOY will only move with a new bull run in GP and mining sector.
And i know, the most don`t want to hear, but we will have to wait much longer than we expected.
This year nothing will happen to MOY.
If we depend on a new bull run - thats not good. Because, indenpendent of what articles write, we will have in 2018 NO BULL RUN. Yes, i know record bla blub, everything is one second before meltdown, signs for dollar loosing strenght bla blubb blubb and so on.
Nothing will happen. May be we all are just at the wrong side of the market.
Because MOY is delivering since 2 1/2 years. And what moved the price? Not the news, a goldbull run in gold.
MOY Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held