which gold shares are still undervalued, page-8

  1. 1,937 Posts.
    rebel, while not a direct answer - it depends entirely on your view of the gold price cycle and the location of production to currency exchange into AUD, as buying to moving gold stocks now carries a higher risk.

    Loki's is an excellent post.

    In any case finding -
    good current production
    low operation cost
    nil debt
    nil hedging preferred, or limited hedging of <50% production at higher than USD $1100/oz
    good eps
    proven reserves for 5 years

    - and on all those you find are undervalued if POG keeps heading northwards. I hold way too much RMS as a speccy only now going gangbusters on the back of excellent high grade low cost production.

    Am looking at SLV and RNG purely from a technical viewpoint only and considered highly speculative.

    You'll be hard pressed to find a decent gold stock not climbing the walls right now.
 
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