IF EGO falls below 6.00, she will become a buyout target by Chinese firm at a 50% discount due China
is increasing the reserved of gold and they need to be over Germany or even pass over US in order to
make her currency as the dominance currency in the world with a gold reserved back up.
Now the US$ has become less and less value and they don't have enough gold reserved to allow them
continuing to print money.
Whoever able to weather this temporally downward in EGO will have reward.
I entirely agree!! There's going to be a huge bidding war for low cost miners with no debt and strong margins!!