don't forget that when you buy gold mining companies, you are not just buying gold.
you are buying exposure to - labour costs
- equipment costs
- engineering success / failure
- fuel costs
- natural environment risks ( mine collapses / landslides / floods )
- sovereign risks ( PNG, Africa)
etc etc.
I learned the above the hard way !
POG has staid up in Aussie dollars, yet share prices of NCM and LGL have fallen 50% from their highs earlier in the year !!
Moved from the "United States" forum. Original message number: 1348
don't forget that when you buy gold mining companies, you are...
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Last
$1.80 |
Change
0.000(0.00%) |
Mkt cap ! $219.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5714 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 12500 | 1 |
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| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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