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GUYFF - Guyana Goldfields: Never Buy At The Bottom
Guyana Goldfields Inc New
While the majority of gold producers have enjoyed exceptional runs the past several months, Guyana Goldfields (GUYFF) has been busy trying to hammer out a bottom and more or less treading water. The Gold Juniors Index is up 30% year-to-date, but Guyana Goldfields is still down 25% for the year, and one of the only producers with a negative year-to-date return. Worse, the company continues to remain locked in an intermediate downtrend and is nowhere near out of the woods yet. There is no disputing that the valuation has undoubtedly dropped to levels