We’ve discussed the gold stocks a few times of late but we finally saw some love for the sector yesterday as Ukraine tensions rise plus I expect plenty of traders are caught short precious metals in anticipation of rising interest rates. We are probably more overweight the sector than we would choose after its lacklustre start to 2022 but we still see at least 20% upside from current levels, hence we will remain patiently long for now.
MM likes NST around $9.00
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