For the sake of guaranteeing short term profits - I just bailed on today's big up move. Plan to reenter on the next retracement. Hopefully tomorrow's open.
I cannot take issue with any of your points.
So the most likely competing suitors would be Goldfields (ST Ives) and Newcrest. I'd take Newcrest's paper any day. Goldfields - they'd need an Aussie listing I think, or else cash. Of course would expect a significantly better offer.
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For the sake of guaranteeing short term profits - I just bailed...
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