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Gold Miners Priced For $1450 Gold

Posted: Tue Jul 26, 2022 8:18 am
by Bancal
The article below is worth a read and positive for gold and gold miners. The last paragraph in particular is very applicable to Greatland.

"Alternatively, one could add some of your favorite gold juniors (as long as they don't need to finance in the next couple months). In particular, I would focus on juniors that have already drilled out significant deposits that could be attractive acquisition targets for a mid-tier or senior gold producer. "

https://ceo.ca/@goldfinger/gold-miners- ... ecelerates

Re: Gold Miners Priced For $1450 Gold

Posted: Tue Jul 26, 2022 11:03 am
by Bottle Rocket - Liam
Post moved to Gold, Silver and Copper.

Re: Gold Miners Priced For $1450 Gold

Posted: Tue Jul 26, 2022 5:14 pm
by speedymeadie
Hi All. The bullion banks have the managed money men right where they want them. The banks have reduced their short position by a huge amount whilst the managed money funds has increased their shorts. The managed money is cannon fodder for the banks and are nearly always positioned wrongly. The set up is massively bullish for gold silver and copper and i suspect a short covering rally to start soon. Hang on to your hats. ATB Speedy