GOLD 0.51% $1,391.7 gold futures

a question for the gold bugs, page-7

  1. 4,326 Posts.
    theres a few good one around mate imo, just have to pick and choose. as with all stocks when a sector gets hot so to speak a bit of hype can mask some companies and give them an unwarranted boost in SP.

    imo the gold sector will flourish when the POG gets above 1500 and closer to 2000, at current prices the good companies will make healthy prfits but the small companies, especially those without plant already and needing finance probably wont attract investors until the POG has really got up there, alot of these small guys have big cost blowouts and even at todays price around 900/1000 oz theres still not that much room for error if you have to hedge and have costs above or near 600oz.

    so far AXM like MAK has the goods, and it looks like its just the beginning for both plays.

    regards
    Davo
 
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