GOLD 0.51% $1,391.7 gold futures

best offshore (exc africa) mid tier gold miner

  1. 113 Posts.
    Many punters have been complaining that their gold stocks are underperforming or going backwards while bullion prices are going gangbusters.

    The level of depression among gold stock holders is reaching suicidal levels which is why I have been stepping up my buy programs (my bullion holdings have been keeping me sane!).

    I'd like to hear from some other punters what their top picks are for gold stocks are according to a few criteria;

    - preferrably producers (or darn close).
    - good management (ideally with skin in the game).
    - solid cash balance.
    - targeting or already above 100,000oz/p.a.
    - preferrably international operations (with the exception of Africa - for some reason you pay a premium for accepting political risk there! - go figure).
    - tight capital structure.

    Some that spring to mind are MML, TRY, OGC or SLR (if it were outside Oz). I want to find some more. Basically the 'no brainers' that for seemingly no logical reason just keep going down.

    When the average guy on the street decides to buy gold but then realises he can't because it's too expensive he'll turn to either silver bullion or gold stocks.

    Cheers guys.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.