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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