Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-28

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Silver King

2,571 Posts.

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30/07/21

11:01

Post #: 54897939
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I once had positions in all of the names you mentioned here.

Most had very good returns between 2016- 2019. For now I think you only want to jump in on them on the other side of the financial world in early stages when big financial institutions come to establish positions in the gold miners market.

They are trades for grandparents, boring as a private investor at least for current stages.

Originally posted by DrDrill69: ↑

When you look closely at many ASX gold producers and explorers even the so called really good ones, the reality is most have gone nowhere in real terms.
SP for many eg NCM, NST , EVN, SLR,SBM,RMS, have not really gone up significantly.
Even the explorers at least most of them have been on a rollercoaster ride, in saying this yes, the very odd one has bolted.
It seems to me that generally the whole gold sector is unloved by the broad market.
Massive amounts of cash because of constant QE .
Inflation in regards to goods and services.
Virtually 0 interest rates in real terms, yet no SP take off for the majority of gold stocks.
Loss of general faith in global currencies ,yet no rocket ride for many holders of gold or gold stock's. Going back a few years many stocks are roughly at the same prices, and if you factor in the cost of purchasing power of your dollars we are actually going in many cases backwards.
Maybe we are more fools than fools gold?
In conclusion please treat everybody's opinion with a little respect. Sometimes many posts read like little boys trying to outdo each other with childish rhetoric .GLTAH.

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Last edited by Silver King: 30/07/21

BDC Price at posting: 6.2¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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