I do not think low gold prices will be around for a long time, so maybe time for me to buy some more PRU.
DH: Most of the companies I cover are attractive depending on your gold price outlook. For example, if you think gold prices are going up, you would want to own companies with high leverage to gold price increases, such as Volta Resources Inc. (VTR:TSX), Orezone Gold Corporation (ORE:TSX) or Perseus Mining Ltd. (PRU:TSX; PRU:ASX). If you think low gold prices will be around for a long time, then the companies with high-margin projects, such as Roxgold and True Gold, are optimal investments. Of course these latter companies do well in rising gold price environments as well.
http://www.mining.com/web/dan-hrushewsky-low-cost-high-margin-mining-in-west-africa/
I do not think low gold prices will be around for a long time,...
Add PRU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.45 |
Change
0.030(1.24%) |
Mkt cap ! $3.365B | |||
| Open | High | Low | Value | Volume |
| $2.44 | $2.46 | $2.42 | $5.881M | 2.412M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 46494 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 103467 | 12 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |