Well, yet again I've learnt that technicals are far more reliable than fundamentals. Silly me thought that $5 was a good exit point, as indicated by future earnings. Silly me still believes that GG is paying too much.
The perflexing issue to me is that forward PEs for North American Gold stocks are approaching double that of Australian companies. Should be the other way around. Something seems out of wack
seriously...., page-43
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