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a question...
posted on
Oct 24, 2007 10:03AM
How does today's price of gold effect the share price of an exploration company? I read in an earlier post explaining that yesterdays drop in gold price was a likely cause of the drop in Kodiaks share price.
If we are still a long way off from developing a mine, would it not be rediculous to let a $5-10 fluctuation in todays spot price of gold dictate whether or not you sell/buy an exploration company?
