You mentioned , gold climbing in all currencies , in Au $ 1820 at the moment and yet mid tier gold stocks at prices when gold was @ Au 1400. You can never figure out investors logic ( or lack of), the major once’s fair much better , can not be influenced by small traders that are bent on loosing their money by trading downwards. ( most small/medium caps can not be shorted like in US)
Keep up your spirits.
GT