Wouldn't higher Gold prices be beneficial for Gold mining & related companies ? Risked project NPVs should be higher I guess ? Might be silly question but I have started looking into mining just recently ..
Ok so in your sentence below you meant that when gold prices are high (post-run up) expectations are already priced-in so pressure on gold prices going forward would impact these companies ? While if gold price is low then more upside from potentially increasing gold prices ?
"but Gold is around to 2000$ and every time that has happened it has not been a good time to buy gold-related stocks and Gold is the metal Globex has the most exposure in."
It meant that gold tended to go to 2000$ and then fall back down and that would negativelly affect gold related companies. So that was just a heads up that if gold goes down again it could make Globex stock also to go down.
Wouldn't higher Gold prices be beneficial for Gold mining & related companies ? Risked project NPVs should be higher I guess ? Might be silly question but I have started looking into mining just recently ..
Yes higher gold prices are beneficial for Gold mining & related companies.
Ok so in your sentence below you meant that when gold prices are high (post-run up) expectations are already priced-in so pressure on gold prices going forward would impact these companies ? While if gold price is low then more upside from potentially increasing gold prices ?
"but Gold is around to 2000$ and every time that has happened it has not been a good time to buy gold-related stocks and Gold is the metal Globex has the most exposure in."
It meant that gold tended to go to 2000$ and then fall back down and that would negativelly affect gold related companies. So that was just a heads up that if gold goes down again it could make Globex stock also to go down.
Looks like a company the CEO, assuming can make it happen, could get a nice big salary and maybe some performance shares ontop for not a lot of work.