On Sunday, a chaotic ‘flash crash’ saw the gold price plummet into the $US1600s per ounce before staging a mild recovery.

Experts mostly point to a better than expected jobs report out of the US for heavy selling that saw the traditional hedge commodity lose around US$30/oz by close of play. Others are digging deeper:

Either way, it’s been a very discouraging year thus far for gold, one of the poorest performers amongst the commodities cohort.

USD gold price over the past 2 years.

The Bears say this latest selloff makes it “difficult to remain bullish on gold”. The Bulls say it’s a turning point.

Which camp are you in?
 

THE BEARS

Commonwealth Bank (ASX:CBA)  analyst Vivek Dhar says the broader underlying catalyst of the latest flash crash — a strengthening US economy — is one of the core reasons why it’s “difficult to remain bullish on gold”.

As the US economy recovers strongly, Dhar said the Federal Reserve is beginning to take a “more hawkish outlook” to monetary policy.

CBA doesn’t expect US rates to rise until 2023, but the first item on the Fed’s agenda relates to a potential taper of its asset purchase program.

“A final decision to taper asset purchases would likely keep a lid on gold prices for the foreseeable future,” Dhar said.

With the combination of higher nominal yields and lower inflation expectations, the result is higher real yields and some extra strength in the US dollar.

In that environment, CBA expects gold to fall back below US$1,700/oz by the start of next year.

 

THE BULLS

Rick Rule, well-known gold bug and president & CEO of Sprott US Holdings, believes a recovery in the gold price – and the value of gold stocks — is imminent.

“I am bullish,” Rick Rule says.

“In our last interview we were talking about the malaise in the gold price, and I tried to point out that the circumstances – which I described as ‘a cyclical decline in a secular bull market’ – is a common feature if you look back at the two prior bull markets of my career.

“Both of which were 10 and 11 year-long affairs.

“Cyclical declines — where the gold price falls by 10, 15 sometimes 20% per cent – are common.

“I think gold and precious metals equities are already in recovery. I believe the cyclical decline is over, and we will soon resume a secular bull market.”

Minelife senior research analyst Gavin Wendt and Lion Selection Group fund manager Hedley Widdup are both bulls.

“My fundamental view on gold is that the outlook is still robust, it is still strong, and the reason is that we have debt levels that are extraordinarily high in the world’s major economies,” Wendt says.

“That debt has to be serviced, and that level of debt is growing,” he says.

Wendt predicts that interest rates will stay low and the US dollar will stay low, which provides a fundamentally good environment for the gold price going forward.

“Markets will always look at these bits of economic data as a justification for a positive outlook, but beneath all of that, I think there’s still a very, very strong argument for gold,” he said.
 

Winners & Losers

Here’s how ASX-listed gold & silver stocks are performing:

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop

CODE COMPANY 1 WEEK RETURN % 1 MONTH RETURN % 6 MONTH RETURN % 1 YEAR RETURN % SHARE PRICE MARKET CAP
AAJ Aruma Resources Ltd 68 44 -1 -15 0.089 $ 8,582,835.09
ADV Ardiden Ltd 67 76 -29 15 0.015 $ 32,240,313.24
ONX Orminexltd 56 24 37 14 0.056 $ 27,394,726.20
AXE Archer Materials 55 103 190 395 2.25 $ 494,123,204.82
HWK Hawkstone Mng Ltd 39 39 7 188 0.046 $ 83,881,284.31
FFX Firefinch Ltd 33 36 133 268 0.57 $ 519,226,090.62
MRZ Mont Royal Resources 30 4 -15 13 0.26 $ 9,847,945.90
CDT Castle Minerals 25 0 67 0 0.015 $ 9,522,510.63
SMI Santana Minerals Ltd 25 47 -17 -11 0.125 $ 14,254,079.50
BRB Breaker Res NL 23 12 -10 -21 0.19 $ 53,763,753.29
DTR Dateline Resources 22 17 40 40 0.105 $ 40,843,896.10
CST Castile Resources 22 -2 32 -2 0.225 $ 43,936,226.62
DLC Delecta Limited 20 -14 -14 0 0.006 $ 6,051,727.23
GMN Gold Mountain Ltd 20 -20 -43 -50 0.024 $ 19,193,123.10
DCX Discovex Res Ltd 20 9 -40 -25 0.006 $ 15,411,984.46
VRC Volt Resources Ltd 19 -11 55 72 0.031 $ 73,201,547.55
MEG Megado 19 0 -31 0.125 $ 5,381,099.75
PUA Peak Minerals Ltd 17 11 -25 -32 0.021 $ 12,294,053.04
HCH Hot Chili Ltd 17 24 17 56 0.042 $ 130,544,245.23
EM2 Eagle Mountain 14 -6 124 300 0.84 $ 170,426,409.72
GUL Gullewa Limited 13 7 1 -2 0.088 $ 16,048,832.80
GMR Golden Rim Resources 13 13 -18 -31 0.009 $ 21,362,797.43
DDD 3D Resources Limited 13 13 9 36 0.0045 $ 15,521,488.37
ADN Andromeda Metals Ltd 12 16 -38 270 0.185 $ 393,716,327.36
HXG Hexagon Energy 12 7 -8 21 0.076 $ 32,559,009.37
AQX Alice Queen Ltd 12 -3 -55 -68 0.0145 $ 16,075,626.39
ANX Anax Metals Ltd 11 4 20 223 0.079 $ 26,263,791.75
BTR Brightstar Resources 11 7 -45 158 0.031 $ 13,632,273.68
TRN Torrens Mining 11 -14 11 0.21 $ 13,984,062.29
DTM Dart Mining NL 10 -18 -30 -41 0.115 $ 11,493,729.74
M2R Miramar 9 -8 -31 0.175 $ 8,498,703.60
G88 Golden Mile Res Ltd 9 -3 31 2 0.059 $ 7,420,971.38
MVL Marvel Gold Limited 9 5 16 -2 0.059 $ 34,157,035.67
NWM Norwest Minerals 9 -10 -9 -36 0.076 $ 8,816,054.50
LCL Los Cerros Limited 8 -4 5 83 0.1625 $ 98,071,663.04
ARN Aldoro Resources 8 48 100 392 0.59 $ 50,193,574.98
LM8 Lunnonmetalslimited 8 20 0.565 $ 40,598,082.68
EMU EMU NL 7 -17 -43 26 0.029 $ 12,782,405.55
DRE Drednought Resources 7 29 144 267 0.044 $ 103,895,306.80
SPQ Superior Resources 7 25 7 114 0.015 $ 19,338,701.07
TMZ Thomson Res Ltd 7 -10 -22 241 0.1125 $ 51,003,923.74
PF1 Pathfinder Resources 7 -2 2 0.31 $ 14,420,015.10
SRN Surefire Rescs NL 7 14 -45 129 0.016 $ 16,555,656.15
YRL Yandal Resources 6 -4 42 108 0.54 $ 54,237,574.62
MKR Manuka Resources. 5 2 -36 -31 0.29 $ 30,447,318.90
AM7 Arcadia Minerals 5 15 0.195 $ 6,669,000.00
ARV Artemis Resources 5 0 -38 -23 0.059 $ 72,789,863.76
STK Strickland Metals 5 -5 49 20 0.041 $ 43,223,321.84
VKA Viking Mines Ltd 5 22 -49 112 0.022 $ 22,467,685.48
NES Nelson Resources. 4 -17 -52 -31 0.047 $ 6,837,240.02
ERM Emmerson Resources 4 0 0 -28 0.071 $ 33,880,217.25
TAM Tanami Gold NL 4 1 -10 9 0.075 $ 86,957,181.40
KTA Krakatoa Resources 4 -11 -22 -30 0.051 $ 14,471,962.83
BYH Bryah Resources Ltd 4 -7 -14 -3 0.056 $ 12,772,016.15
PNM Pacific Nickel Mines 4 7 2 14 0.058 $ 12,463,912.09
RXL Rox Resources 4 6 -25 -47 0.44 $ 65,407,159.81
PKO Peako Limited 3 -18 15 44 0.031 $ 8,945,168.93
ICG Inca Minerals Ltd 3 -13 30 73 0.1 $ 44,958,051.30
MAU Magnetic Resources 3 3 8 0 1.55 $ 338,168,909.50
ICL Iceni Gold 3 0 0.18 $ 20,494,298.71
VMC Venus Metals Cor Ltd 3 -10 -20 -25 0.18 $ 27,194,162.94
BAR Barra Resources 3 -9 -20 -23 0.02 $ 13,213,357.97
MML Medusa Mining Ltd 3 -8 -4 -9 0.82 $ 165,259,274.30
FFR Firefly Resources 2 4 3 47 0.12 $ 35,459,045.95
WMC Wiluna Mining Corp 1 4 -20 -14 1.04 $ 158,307,284.00
KZR Kalamazoo Resources 1 -3 -24 -41 0.37 $ 48,976,223.41
SVY Stavely Minerals Ltd 1 0 -34 -29 0.435 $ 108,299,002.58
DGO DGO Gold Limited 1 -14 21 13 3.17 $ 249,317,894.70
TBR Tribune Res Ltd 1 8 -5 -33 5.5 $ 288,574,423.50
TMB Tambourahmetals 0.225 $ 9,315,022.77
G50 Gold50Limited 0.275 $ 12,579,500.25
TG1 Techgen Metals Ltd 0 -10 0.18 $ 7,127,825.23
CDR Codrus Minerals Ltd 0 -13 0.17 $ 6,800,000.00
QML Qmines Limited 0 -13 0.355 $ 16,659,120.15
GNM Great Northern 0 0 -21 -48 0.011 $ 13,299,560.74
BBX BBX Minerals Ltd 0 2 -15 24 0.235 $ 107,635,046.63
ZAG Zuleika Gold Ltd 0 7 -40 -3 0.03 $ 13,122,987.94
BMO Bastion Minerals 0 -3 0.17 $ 9,767,224.20
FAU First Au Ltd 0 -8 -40 -29 0.012 $ 7,990,173.80
CHZ Chesser Resources 0 20 -25 -21 0.15 $ 69,524,418.75
CXU Cauldron Energy Ltd 0 -12 -25 3 0.03 $ 13,679,985.36
TMX Terrain Minerals 0 -20 -11 -43 0.008 $ 5,886,088.07
SBR Sabre Resources 0 0 -50 33 0.004 $ 7,573,786.42
HAW Hawthorn Resources 0 -10 -50 -53 0.045 $ 15,008,202.59
GRL Godolphin Resources 0 -18 -35 -24 0.155 $ 13,037,115.41
GSM Golden State Mining 0 -7 -3 -63 0.14 $ 11,171,028.33
AOP Apollo Consolidated 0 23 12 10 0.38 $ 107,899,618.30
CAZ Cazaly Resources 0 2 28 31 0.051 $ 18,108,600.08
CGN Crater Gold Min Ltd 0 0 -23 70 0.017 $ 20,867,429.74
GED Golden Deeps 0 -11 0 -29 0.012 $ 10,086,068.72
HRZ Horizon 0 -12 -4 -38 0.115 $ 68,157,024.00
AGC AGC Ltd 0 -3 -22 0.14 $ 9,820,456.18
AGC AGC Ltd 0 -3 -22 0.14 $ 9,820,456.18
NVA Nova Minerals Ltd 0 -4 -21 130 0.115 $ 193,308,864.41
AAU Antilles Gold Ltd 0 1 -10 88 0.078 $ 19,433,921.28
MCT Metalicity Limited 0 -23 -47 -57 0.01 $ 21,437,715.32
MTH Mithril Resources 0 0 -14 -42 0.018 $ 42,304,194.74
TSC Twenty Seven Co. Ltd 0 -30 -42 -30 0.0035 $ 10,643,255.62
RDS Redstone Resources 0 -15 -21 -21 0.011 $ 7,908,989.69
MLS Metals Australia 0 0 -20 0 0.002 $ 8,454,376.09
LNY Laneway Res Ltd 0 -10 -25 -36 0.0045 $ 17,568,296.70
KGM Kalnorth Gold Ltd 0 0 0 0 0.013 $ 11,625,120.78
WCN White Cliff Min Ltd 0 0 -32 30 0.013 $ 6,206,356.79
ALY Alchemy Resource Ltd 0 0 -30 -25 0.014 $ 9,411,408.34
MRR Minrex Resources Ltd 0 -10 -31 -28 0.018 $ 10,010,466.99
RND Rand Mining Ltd 0 7 -11 -28 1.55 $ 88,157,739.55
PRX Prodigy Gold NL 0 -8 -12 -49 0.037 $ 21,483,221.42
NXM Nexus Minerals Ltd 0 -1 -27 18 0.08 $ 19,532,133.68
DCN Dacian Gold Ltd 0 -19 -47 -32 0.235 $ 232,183,200.96
ARL Ardea Resources Ltd 0 0 -12 -19 0.5 $ 69,017,109.50
GIB Gibb River Diamonds 0 -3 -27 -8 0.057 $ 11,633,019.48
PNX PNX Metals Limited 0 -6 0 -27 0.008 $ 29,217,548.09
SLZ Sultan Resources Ltd 0 -3 -18 3 0.18 $ 12,516,190.02
ADT Adriatic Metals 0 20 28 25 2.99 $ 547,805,825.82
PRS Prospech Limited -1 -25 -43 0 0.094 $ 6,111,935.37
MZZ Matador Mining Ltd -1 -8 15 4 0.415 $ 86,275,008.91
RED Red 5 Limited -1 -1 -11 -23 0.1875 $ 445,801,416.93
AMI Aurelia Metals Ltd -1 -24 -13 -32 0.345 $ 432,158,956.25
IVR Investigator Res Ltd -1 -4 -24 37 0.067 $ 87,380,476.06
NUS Nusantara Resources -1 -1 24 0 0.335 $ 76,806,457.35
NSM Northstaw -1 3 -33 0.33 $ 13,400,000.00
BCN Beacon Minerals -2 -10 -11 2 0.0315 $ 114,672,836.64
GSN Great Southern -2 8 -30 -58 0.057 $ 25,936,163.94
TAR Taruga Minerals -2 -2 10 0 0.055 $ 27,651,240.32
CEL Challenger Exp Ltd -2 -10 -28 33 0.265 $ 227,706,239.07
SNG Siren Gold -2 0 -54 0.25 $ 16,075,053.90
AL8 Alderan Resource Ltd -2 -9 -50 -66 0.05 $ 17,102,862.75
KCC Kincora Copper -2 5 0.23 $ 15,628,214.80
MEU Marmota Limited -2 -6 0 -12 0.045 $ 43,584,016.05
MTC Metalstech Ltd -2 -8 32 0 0.225 $ 36,495,856.74
KAU Kaiser Reef -2 -16 -47 -39 0.215 $ 20,813,796.11
SFM Santa Fe Minerals -2 -5 -22 1 0.082 $ 5,971,140.70
ZNC Zenith Minerals Ltd -2 -23 74 100 0.2 $ 64,453,401.40
PNR Pantoro Limited -2 -2 -9 -17 0.2 $ 281,799,739.60
RGL Riversgold -3 3 -18 -32 0.036 $ 14,545,519.06
RVR Red River Resources -3 -24 -26 30 0.175 $ 95,788,257.90
KWR Kingwest Resources -3 -20 -61 -52 0.068 $ 14,371,126.18
VAN Vango Mining Ltd -3 -3 -2 -46 0.065 $ 71,445,946.07
CYL Catalyst Metals -3 -7 -6 -23 1.915 $ 188,236,309.55
FG1 Flynngold -3 -3 0.155 $ 8,699,999.71
AME Alto Metals Limited -3 -3 11 -1 0.088 $ 39,622,856.77
TIN Tnt Mines Limited -3 -9 -29 0 0.145 $ 17,406,993.21
MKG Mako Gold -3 0 -19 -35 0.085 $ 26,045,712.16
NML Navarre Minerals Ltd -3 -13 -47 -29 0.085 $ 62,727,493.59
AQI Alicanto Min Ltd -4 -31 23 23 0.135 $ 44,262,107.24
ASO Aston Minerals Ltd -4 -10 350 187 0.135 $ 128,816,652.92
OZM Ozaurum Resources -4 4 -40 0.135 $ 7,022,700.00
FML Focus Minerals Ltd -4 0 -24 -39 0.27 $ 49,342,112.55
BNR Bulletin Res Ltd -4 -10 -29 -23 0.055 $ 9,861,119.07
NMR Native Mineral Res -4 -2 11 0.25 $ 7,347,442.50
KRM Kingsrose Mining Ltd -4 -7 6 39 0.05 $ 34,310,345.54
BNZ Benzmining -4 -13 -36 0.75 $ 30,368,667.42
TNR Torian Resources Ltd -4 -4 -29 67 0.025 $ 23,473,453.10
SI6 SI6 Metals Limited -4 -14 -43 50 0.012 $ 16,719,123.17
CAI Calidus Resources -4 -4 6 -15 0.475 $ 189,965,964.83
BDC Bardoc Gold Ltd -4 15 -11 -9 0.071 $ 123,203,273.70
TBA Tombola Gold Ltd -4 12 -27 34 0.047 $ 24,943,310.06
GBZ GBM Rsources Ltd -4 -8 -8 -4 0.115 $ 52,229,541.84
TSO Tesoro Resources Ltd -4 -37 -50 -37 0.11 $ 55,110,755.59
KCN Kingsgate Consolid. -4 -7 -18 33 0.765 $ 175,325,103.50
CWX Carawine Resources -5 -5 -11 -2 0.21 $ 22,866,879.42
CMM Capricorn Metals -5 16 24 14 2.1 $ 777,124,463.63
PGD Peregrine Gold -5 -7 0.41 $ 12,645,650.97
MAT Matsa Resources -5 -36 -38 -59 0.061 $ 21,489,277.20
TRY Troy Resources Ltd -5 0 -53 -68 0.04 $ 31,067,283.86
PUR Pursuit Minerals -5 -9 79 252 0.059 $ 52,839,793.21
KSN Kingston Resources -5 -7 -19 -22 0.195 $ 55,800,138.62
OAU Ora Gold Limited -5 0 -21 19 0.019 $ 15,999,809.22
EMR Emerald Res NL -5 -3 10 45 0.84 $ 430,356,667.85
GML Gateway Mining -5 -5 -44 -10 0.018 $ 34,265,440.80
NCM Newcrest Mining -5 -2 -3 -26 25.23 $ 20,612,046,032.24
BRV Big River Gold Ltd -5 -11 -16 -8 0.355 $ 78,959,053.08
A1G African Gold Ltd. -5 -19 -24 10 0.175 $ 15,539,333.48
WGX Westgold Resources. -5 -8 -13 -20 1.735 $ 712,540,036.32
GTR Gti Resources -6 -29 -29 -41 0.017 $ 10,956,805.97
CHN Chalice Mining Ltd -6 -11 48 592 6.61 $ 2,375,273,951.40
HMX Hammer Metals Ltd -6 -8 -4 52 0.082 $ 65,079,569.84
SSR SSR Mining Inc. -6 1 2 21.56 $ 459,373,833.44
EVN Evolution Mining Ltd -6 -16 -15 -29 3.925 $ 7,105,247,700.88
PAK Pacific American Hld -6 -6 -27 33 0.016 $ 5,097,358.40
AGS Alliance Resources -6 0 -30 -26 0.15 $ 30,162,484.43
BAT Battery Minerals Ltd -6 -17 -50 67 0.015 $ 31,542,413.00
SVL Silver Mines Limited -6 -15 -20 7 0.22 $ 267,098,177.94
CY5 Cygnus Gold Limited -6 26 -15 -6 0.145 $ 15,720,914.21
XAM Xanadu Mines Ltd -6 -22 -9 -42 0.029 $ 33,994,019.25
HRN Horizon Gold Ltd -6 -12 -26 -25 0.36 $ 38,409,125.76
RRL Regis Resources -7 -6 -28 -54 2.41 $ 1,825,183,848.84
LCY Legacy Iron Ore -7 -18 -48 180 0.014 $ 89,666,339.24
DEG De Grey Mining -7 -5 34 65 1.185 $ 1,505,665,876.07
TIE Tietto Minerals -7 -4 -15 -35 0.345 $ 155,103,055.04
TCG Turaco Gold Limited -7 35 145 170 0.135 $ 43,536,424.10
TLM Talisman Mining -7 11 115 54 0.2 $ 37,325,677.00
DEX Duke Exploration -7 -29 -17 0.26 $ 23,905,955.28
AWJ Auric Mining -7 -7 -32 0.13 $ 6,149,154.06
SAU Southern Gold -7 -8 -32 -57 0.065 $ 14,933,012.92
IPT Impact Minerals -7 -7 -32 -43 0.013 $ 26,309,333.95
IDA Indiana Resources -7 5 -14 55 0.062 $ 23,254,321.03
M24 Mamba Exploration -8 -5 -31 0.185 $ 7,215,000.00
SKY SKY Metals Ltd -8 -8 -41 -25 0.097 $ 31,090,111.50
BGD Bartongoldholdings -8 -14 0.18 $ 15,880,399.26
AUC Ausgold Limited -8 -16 -38 -3 0.036 $ 55,487,233.94
WWI West Wits Mining Ltd -8 -29 -22 123 0.058 $ 88,094,438.25
AAR Anglo Australian -8 -1 -38 -52 0.081 $ 48,290,518.36
AZS Azure Minerals -8 -8 -49 39 0.23 $ 68,031,858.62
TRM Truscott Mining Corp -8 -6 26 127 0.034 $ 5,166,012.50
MHC Manhattan Corp Ltd -8 -21 -58 -62 0.011 $ 15,262,786.93
NAE New Age Exploration -8 -8 -8 10 0.011 $ 15,712,388.01
STN Saturn Metals -9 3 12 -42 0.48 $ 54,618,037.35
MOH Moho Resources -9 -9 -22 -51 0.064 $ 6,609,625.73
AWV Anova Metals Ltd -9 5 -9 -43 0.021 $ 32,961,166.60
TTM Titan Minerals -9 0 -16 -25 0.105 $ 121,853,902.91
SBM St Barbara Limited -9 -13 -27 -51 1.625 $ 1,143,619,919.24
ENR Encounter Resources -9 0 15 3 0.155 $ 49,019,761.07
LEX Lefroy Exploration -9 -46 122 65 0.455 $ 55,904,470.16
MDI Middle Island Res -9 -23 -62 -79 0.1 $ 12,853,913.31
CTO Citigold Corp Ltd -9 -9 -17 -23 0.01 $ 28,336,590.91
E2M E2 Metals -9 -12 -29 71 0.3 $ 45,105,618.30
WAF West African Res Ltd -9 -7 23 14 1.03 $ 914,321,186.96
CBY Canterbury Resources -10 -5 -24 -21 0.095 $ 11,745,845.69
NST Northern Star -10 -9 -23 -36 9.29 $ 10,764,100,300.75
POL Polymetals Resources -10 -13 0.14 $ 5,435,255.98
BC8 Black Cat Syndicate -10 -5 -23 -29 0.56 $ 80,260,452.27
REZ Resourc & En Grp Ltd -10 -10 -32 33 0.028 $ 12,087,062.09
SIH Sihayo Gold Limited -10 -10 -40 -71 0.009 $ 33,169,152.72
GOR Gold Road Res Ltd -10 -7 4 -26 1.235 $ 1,087,887,587.93
CLA Celsius Resource Ltd -10 -24 -46 37 0.026 $ 27,227,930.11
ALK Alkane Resources Ltd -10 -16 33 -2 1.035 $ 616,227,408.00
BGL Bellevue Gold Ltd -10 -7 -4 -7 0.945 $ 811,624,963.28
KAI Kairos Minerals Ltd -11 -5 -8 -20 0.0295 $ 48,618,829.59
AGG AngloGold Ashanti -11 -9 -20 -42 4.83 $ 430,873,504.95
RMX Red Mount Min Ltd -11 -20 -43 0 0.008 $ 12,083,609.85
AYM Australia United Min -11 0 -27 167 0.008 $ 14,740,619.88
MBK Metal Bank Ltd -11 -11 -27 0 0.008 $ 10,701,614.74
AVW Avira Resources Ltd -11 -20 -20 -20 0.004 $ 5,500,160.00
WRM White Rock Min Ltd -12 -25 -34 -36 0.38 $ 33,589,817.25
GWR GWR Group Ltd -12 -32 -11 282 0.265 $ 84,780,204.04
PRU Perseus Mining Ltd -12 -2 24 4 1.47 $ 1,803,645,267.90
RDN Raiden Resources Ltd -12 -24 -15 214 0.022 $ 27,470,112.91
SLR Silver Lake Resource -12 -23 -13 -40 1.33 $ 1,190,495,449.35
RMS Ramelius Resources -12 -7 9 -20 1.55 $ 1,237,426,664.80
THR Thor Mining PLC -13 -13 -18 56 0.014 $ 7,886,625.47
MGV Musgrave Minerals -13 -23 -21 -54 0.275 $ 143,970,196.23
NAG Nagambie Resources -13 -27 10 24 0.068 $ 33,495,467.18
A8G Australasian Gold -14 -14 0.125 $ 4,139,367.63
A8G Australasian Gold -14 -14 0.125 $ 4,139,367.63
RSG Resolute Mining -14 -18 -27 -59 0.5 $ 557,465,816.53
GBR Greatbould Resources -14 0 141 81 0.09 $ 31,263,851.52
MM8 Medallion Metals. -15 -18 0.205 $ 16,598,867.63
OKU Oklo Resources Ltd -15 -8 -39 -64 0.115 $ 57,963,428.38
MEI Meteoric Resources -17 -25 -39 -17 0.04 $ 53,371,661.56
OBM Ora Banda Mining Ltd -17 -19 -55 -60 0.125 $ 121,643,283.63
AUT Auteco Minerals -17 -21 -21 -51 0.091 $ 150,046,104.24
S2R S2 Resources -18 0 -20 27 0.14 $ 44,871,993.01
OKR Okapi Resources -19 23 84 80 0.395 $ 22,673,168.18
PDI Predictive Disc Ltd -20 49 130 87 0.1475 $ 195,760,422.89
RML Resolution Minerals -23 -20 -41 -71 0.02 $ 9,401,271.89
XTC Xantippe Res Ltd -25 -25 -25 -50 0.0015 $ 6,111,846.60
NPM Newpeak Metals -25 -25 -57 -25 0.0015 $ 13,587,660.33
ANL Amani Gold Ltd -33 -50 0 -33 0.001 $ 12,386,996.75