KCN 0.00% $1.52 kingsgate consolidated limited.

Gold equities are a trade....but sometimes the trade is 5 years...

  1. nk
    3,091 Posts.
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    Gold equities are a trade....but sometimes the trade is 5 years or even 10. You are trading wit the gold bull market, when the gold cycle peaks you exit.

    Secret is the exploration upside. The big fellas need to take over the little ones to keep their reserve level

    KCN has exceptional exploration upside but will take 3 to 5 years for that upside to be realised and priced in

    Then you weigh that against operational and sovereign risk and place your bet
 
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