I cant work out quite how the market values gold companies ....... considering the earnings both NCM and LHG look way overpriced to me .
But if you were going to buy one LHG could be the one right now .
The chart looks good , in the right market ( which seems right now ) it looks like it wouldn't take much to push it up to $1.50 + ......quite an open share registry with some big chunks probably able to be knocked off .
The market cap as relates to resources is about half that of NCM ( $33 per Oz c/w $74 per Oz ) .
Heaps of liquidity in the derivatives for thrill seekers who like a leveraged play .
- Forums
- ASX - By Stock
- LHG
- gotta be good value at this price
LHG
unknown
gotta be good value at this price, page-7
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)