I thought I start a new tread to refresh.
It is important to pick a gold stock with good fundamentals. I must admit I am probably not the best person to talk about the fundamentals and projects that MOY has but I know some.
Digging for gold - MOY has very good real estate with gold.
Profitability - Moy is making money
Hedged - I think it is a good thing to always have hedges for some production. I think MOY has forward hedges in excess of AUD$1700 for a portion of its production. helps with the budget, helps reduce volatility.
Good management - delivering constantly
Shareholders - loyal shareholders who stick with the company
POG in AUD - up $40 over the last 2 trading days
anyone else have anything to add?
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