You probably know better than me; however, the market is not always rational when it comes to valuations. Analysts often promote speculative companies in high risk countries over similarly potentialled companies in ‘safer’ domains. If all goes well, they can become bigger ‘heroes’. I now will not invest in mining companies with high ‘sovereign risk’, no matter how strongly the case. You either have the stomach for it or not, or, the money for it or not.
You are right though, it is a hard metric to value. Maybe just a ‘low to high’ sovereign risk classification which can be matched against your charts when considering which companies to invest in.
I was perplexed as to why Dacian (I’m not a holder) wasn’t included in your analysis since it had been a huge performer in price (2016-17). I then realised it’s an exploration/development Company (as against your producers) and as such it has had quite a premium applied to it for its resources and reserves.
Cheers ...
Cazzex
- Forums
- Commodities
- ASX Gold Miners Analysis
You probably know better than me; however, the market is not...
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online