It was considered a "good thing" a week or so ago when the POG dropped a lot, but the miners did not drop as much as expected. Now, the POG is heading back up, and the miners (at least the four I'm following: GG, GLG, NEM and PDG) are not following. I think it may have something to do with PDG's rather mediocre earnings release/forecast last week, and the expectation that the others are in the same boat.
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