NTL new talisman gold mines limited

One interesting fact about this stock is that it's the only...

  1. 11,339 Posts.
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    One interesting fact about this stock is that it's the only listed, NZD denominated gold stock in the world. OGC has some NZ interests but it is not a pure NZD gold play and it is no longer listed on the NZX.

    Essentially, when NTL produces it will be a unique financial instrument because it will be long gold and short NZD. If you think USD will ultimately go up, then NZD will ultimately go down. Interesting hedge possibilities there.
 
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Currently unlisted public company.

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