10% to give? That's it? You may be right, yet...
Miners dropping 15%, 20% in a week easy. Look at GSS or IAG for instance. PAAS new long-term weekly low. Needs time for recovery here. Quick bounces are typically recoup opportunities and longer-term fake-outs.
When miners base and Gold keeps dropping, that's interesting.
And when miners rise and Gold bases, that's interesting.
Miners typically lead action in Gold.
I think another three months here.
BAA is somewhat different story. So beat-up and cheap, and produces at low $ per oz.
I like Tech's point about BAA potentially becoming a go to junior miner to invest in, with attraction to BAA's low all-in cost per oz., in comparison to other miners which may have to shut down being unprofitable with their production per oz. more costly than the what the market will pay per oz. should (when) Gold goes lower.
News 
Market Data 
Discover 
