Correlation, page-13

  1. JID
    3,676 Posts.
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    Cheers Nordesmic.

    Myusan, yes lots of shorts still evident in RRL relative to other gold miners that were able to be closed on the 19th Dec due to the GDXJ rebalancing.

    A move in gold to $1,240 wouldn't change my relative view of the gold miners I hold as all would benefit. Once the companies I follow have presented their Q4 reports I'll post the comparative spreadsheet that I run showing the various attributes of each.

    Presently my favourites for value-for-money are BDR and MLX. NST I prefer for strong cash flows and growing dividend. RRL is my fourth preferred option now (due to SP run and slightly underwhelming Q4 numbers) of this group.

    All four of the above fit my strict criteria to invest in within the gold sector and I hold all four in different weightings.

    Cheers
    John
 
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