GOLD 0.51% $1,391.7 gold futures

Gold Surges To 4-Month Highs, page-10

  1. 818 Posts.
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    @wombat53 I think MML has the most ground to make up of the ASX listed gold miners.

    I rotated my positions of SAR and RRL into it over the last couple of weeks.

    It took a $260M non-cash impairment in its FY15AR and SP dropped them it got aggressively shorted by traders as it was bumped out of GDX a few months back in spite of underlying operations being good and production growth going to plan.

    So it has been on tear these last couple of weeks. I expect it will to outperform the other ASX listed gold miners as this PoG rallies, given that its got ground to make up, but obviously most will do well with the PoG surging like this.

    My two cents.

    GLTA
 
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