Very bullish.
Miners to gold ratio continue to form a massive long-term base.
It's the first time in history that miners have reported 4 straight quarters of positive FCF.
No longer capital destroyers.
They are about to become true cash flow machines. pic.twitter.com/ns6kHIcs8s
— Otavio (Tavi) Costa (@TaviCosta) December 22, 2020
Tuning out for a little while to prep some Christmas cooking. I'll leave everyone with this chart from @TaviCosta & @Crescat_Capital: miners severely undervalued considering a mighty historic trend has reversed big time. pic.twitter.com/IJHwRFxhgD
— Matt 🇬🇧🇵🇱🇺🇸🇨🇩 (@MattStirner) December 21, 2020