Tag: bulk-tonnage gold deposits
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Why did Pfizer’s (PFE.NYSE) vaccine news kick gold in the gonads? Under $20-million gold juniors in focus: BRG.V, FRE.V, GLM.C, SNL.C, TOC.C, XTT.V
“Basically, we are seeing an unwind of the trade we have been building up for the last six months,” he said. “But there is still plenty of uncertainty to support gold’s new regime. A vaccine is positive news, but it doesn’t change the narrative.”
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An Equity Guru roundup – the sub-$20M ExplorerCos on our shortlist (part 3)
Precious metals, like every other U.S. financial market, was given what-for yesterday with the GDX breaking down in a high volume selloff. Normally viewed as sanctuary during periods of economic upheaval, the metal and related equities got caught up in the across-the-board selling (the Japanese Yen and bonds managed to claim safe-haven standing and bucked…