ASX 1.54% $64.65 asx limited

your top 3 aussie gold stocks , page-46

  1. 216 Posts.
    For my money pre would have to rate. Market cap just over 30 million. A project in PNG that is looking more and more like a Lihr style deposit. Whisper is currently that the host rocks are the same age as lihr which im lead to believe is very positive. A whole host of other gold projects including a goldfields jv in vic. Anglo, i think we will be hearing how thats going to progress soon. The wildcard however is redcliff.Right beside Navigator, and apparently maybe even better than NAV Management have expected a multimillion ounce resource from this project, and i believe they are extremely happy with the grades so far, so i think its safe to assume this is on track. I expect the stock to be worth 10 to 15 c in the next 12 months just on redcliffe.Several other project aswell, not to mention plenty of oil and gas projects, including 6% of a 1.8 tcf discovery , and possibly bigger in png. Anyway, certainly worth a look, well funded but not a producer.
 
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