What is happening with EGO?  I thought Gold is going higher!

Sit back and hold on tight.  I've got a couple of heavy options on
EGO.  Gold has made a couple of corrections, but I still think EGO is
poised to go higher over the next couple of months.  According to my
homework, it's undervalued.  I think in the next 6 months, you'll see
some merger activity in the Gold mining industry, and EGO may be apart
of that.