Yep, totally agree with all that and just a few personal thoughts.
- Opinion only, am looking at Aussie explorers as a spec play – 5 odd % of portfolio. Need to find explorers with tenements close to a cashed up (or soon to be) producer – longish play.
- We haven't yet seen the current gold price reflected in gold company profits because of hedges being locked.
- If GOR becomes a takeover target I only see one player that being Gold Fields as they will not allow this to go cheap. However, I do not want to see this happen and would prefer to stay onboard the GOR train.
Cheers.
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3 | 32443 | 1.745 |
9 | 109163 | 1.740 |
4 | 37495 | 1.735 |
6 | 135598 | 1.730 |
Price($) | Vol. | No. |
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1.760 | 115694 | 7 |
1.765 | 24755 | 2 |
1.770 | 27985 | 3 |
1.775 | 9827 | 2 |
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