out of favour generally, and has been marked down to a silly...

  1. 783 Posts.
    lightbulb Created with Sketch. 28
    out of favour generally, and has been marked down to a silly level.

    - it has cleaned up its hedge book, which was a negative
    - it is relativily high cost producer, which gives it good leverage to gold price
    -expansion and exploration initiatives are slowly coming good
    - at 68 cents it is cheap IMO

    dont forget this coy has very sparse coverage - some of it lees than good quality
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.