RED 0.00% 34.5¢ red 5 limited

off for a run, page-11

  1. 7,404 Posts.
    have spent some time researcing gold stocks
    the two that stood out regarding reserves and timing in respect to becomming producers were red and igr.
    these two imo, stuck out like a sore red thumb - which i happen to currently have also.
    the impression that i got was that red seems to have the upper hand over igr when it comes to operating expenditure.
    of course there are others out there, but i'm no good at picking stocks like rms.
    bgf and avo were good ones that i lost patience with.

    how many other companies in the asx have a very profitable reserve, getting up towards the million ounce mark and are about to commence production as gold is hitting new highs, and save havens are gaining more popularity.

    possibly the best stock on the asx at the moment for those that want to go long.

    so yes, red = green for red.



 
watchlist Created with Sketch. Add RED (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.