To inject a little normal mining business talk into this day: My stars, rare indeed that the news release from a badly run company is worse than its actual numbers. So many negatives in one NR, it’s hard to keep track. Though it is interesting that P now agrees with the sentiment laid out by this humble corner of cyberspace back in February and has walked back its NAFTA arbitration against Mexico.
This NR is so bad (and seeing the stock 20% down on a day for gold like this one) that the contrarian in me is alerted. Or is it the Saint Jude Thaddeus?
Ironically, NAFTA may well disappear into a puff of smoke on January 20th.