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home / news releases / MNDJF - Precious Metals Market In 2018: The Winner Is Wesdome Gold

MNDJF - Precious Metals Market In 2018: The Winner Is Wesdome Gold

Mandalay Resources Corp.

For most of 2018, the precious metals market was in a long-term downward trend. The bottom was established in August (gold) and September (GDX) - since then, the market has been in a medium-term upward trend. However, looking at the market from a one-year perspective, I think the precious metals investors are not satisfied:

  • The price of gold went down 2.1%
  • GDX, one of the most popular gold mining ETFs, delivered a loss of 8.8%
  • GDXJ, a junior gold mining ETF, lost 11.0%

In this article, I discuss the returns delivered by

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Stock Information
Company Name: Mandalay Resources Corp.
Stock Symbol: MNDJF
Market: OTC
Website: mandalayresources.com
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