YTC 0.00% 23.0¢ ytc resources limited

April 15 is an anniversary for gold of sorts. Last year it...

  1. 662 Posts.
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    April 15 is an anniversary for gold of sorts. Last year it dropped 9% on that day, the highest daily drop for gold in over 30 years.

    Gold is historically a poor performer in Q2.

    The closer we get to production the stronger the correlation between the gold price and our own SP.

    I would not be surprised to see some negative pressure on the SP this quarter. Could be the perfect time to top up at bargain basement prices.

    I was originally going to be topping up a week or 2 ago, but given the above I feel like there will be plenty of opportunity in the next couple of months to pick some up cheaper.

    Happy to be wrong of course.
 
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