Golden Volatility But Upward Momentum, page-5

  1. normncliff
    217 Posts.
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    10/09/02
    00:35
    Post #: 57211
    NCM are very heavily hedged,would not touch them.

    The ONLY two gold stocks trading on the ASX that are 100% completely unhedged are SBM and DRD.

    SBM recently had a dilution to their shares,may hang around the 16-18c for a little while but will take off with expexted rise in POG.

    DRD - Drooy is the BEST gold stock to hold in a rising gold market,closed out it's hedge position last quarter and will be paying dividends very soon.Have a look at the chart.

    Best Juniors imho are bdg(long term),gir,dio and the best junior is CNT.



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    lightbulb Created with Sketch.  Great analysis
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