morning guys,have to agree with highlandlad, it is well worth...

morning guys,

have to agree with highlandlad, it is well worth having a few gold plays at the moment, it has been a bit surprising that gold has marched strongly towards the $1000 oz mark even though global markets have remained relatively steady in recent weeks.

a few worth keeping an eye on:

EXM - currently undergoing exploration drilling in the N.T, has a history of running into drill results given the high grade nature of current reserves.

RAU - has had a stellar run recently, if volume continues may have some further upside left. Need to be careful here as it could turn south very quickly.

TAM - if assay results confirm high grade gold results from recent visual inspections it could surge further, much like RAU could run higher if volume continues, but caution needs to be taken if momentum turns to the downside.

ERM - currently waiting for assay results from a bout of drilling in the N.T. Highly cashed up thanks to their J.V with IVA, will need positive results to break out of current range.

GOA - had a massive volume day friday on no news, largest since sept 2007. About to start gold production from a high grade deposit in Brazil, so maybe a fundamental re-rating underway. Also have some massive exploration targets, well worth holding as these breakouts usually last for a couple of days.

AXM - one of the high cost producers who benefit the most from the recent surge in the gold price, caution needs to be taken here as there has been some questions about the companies solvency, so a very high risk play.

SBM - another one of the high cost producers, a much more stable company than AXM, has had a stellar run recently, but could have some more legs if the gold price surges through the $1000 USD Oz mark.