$SPTGD Weekly

A quick peek at how deeply gold mining companies have lagged the $CAD gold price gives you an idea how much ground has to be made up.

For GBN.V, it's high noon, since the $US gold price topped their $1250 US estimate oft repeated in the balance sheet. It was a lie, after all, and now the market calls them on their lie

To my mind, it wasn't drill cores, or , or raising capital, or reserves, or borrowing money, or production, it was a lack of dividends. The definition of a gold mine is exchanging gold for cash, then distributing the proceeds. But gold miners were very adept at mining markets instead.

So the priority would be distributions.

http://schrts.co/zwmFYa

-F6