GOLD 0.51% $1,391.7 gold futures

gold, page-81432

  1. 20,718 Posts.
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    Look , a few starting points
    question no
    1) do you want a gold company mining in Aust or other parts of the world? Ie geographic risk
    2) how much debt are you happy with as far as the company you invest should have. Ie more debt, more risk company gets wound up if things go wrong
    3) how 'trustworthy' is the management? And also , how much experience and connections they have
    4) grade of gold in ground and how much it costs to get it out. Ie margin they make. This is important because if gold price drops . On the other hand if gold price rises. What happens?
    5)total resource and reserves.
    there are heaps more...
    not so easy. Lots of reading.
    but also , beware flashy presentations.
    I think the best advice i got , was to get to know gold mining from the basics.
    Also, most wannabes dont make it.
    good ones get taken over . Lot go broke or shareprice tanks because they continually raising money.
    ie mining shareholders pockets not gold.
    lots more , not easy.




 
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