Yep, totally agree with all that and just a few personal thoughts.
- Opinion only, am looking at Aussie explorers as a spec play – 5 odd % of portfolio. Need to find explorers with tenements close to a cashed up (or soon to be) producer – longish play.
- We haven't yet seen the current gold price reflected in gold company profits because of hedges being locked.
- If GOR becomes a takeover target I only see one player that being Gold Fields as they will not allow this to go cheap. However, I do not want to see this happen and would prefer to stay onboard the GOR train.
Cheers.
Gold Road Anthem ?, page-20
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Last
$1.56 |
Change
-0.005(0.32%) |
Mkt cap ! $1.684B | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.58 | $1.52 | $7.851M | 5.075M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 92601 | 6 |
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| GOR (ASX) Chart |