An overall 0.1% gain on a relatively difficult day suggest one thing - the gold junior trade depends on mineralogy results more than what the general market or gold price does on a day to day basis.
That implies the risk-reward favours a Hold position even in the most challenging of times, because it hurts not holding them when a particular gold junior rises sharply on the back of superior assay findings despite gold price retreating.
And how many of these gold juniors have in a short span of time have become baggers.
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8 Column 9 0 Featured Stocks Code Date Price In Today Chg% Featured Price Yesterday Price Chg% 1 Northern Star NST 30/10/19 $ 9.72 $ 14.88 53.09% O&G $ 15.01 -0.9% 2 Chalice Gold Mine CHN 30/10/19 $ 0.20 $ 1.57 685.00% O&G $ 1.65 -4.6% 3 Black Cat Syndicate BC8 30/10/19 $ 0.43 $ 0.795 84.88% O&G $ 0.765 3.9% 4 Saracen Minerals SAR 30/10/19 $ 3.28 $ 5.20 58.54% O&G $ 5.38 -3.3% 5 Stavely Minerals SVY 30/10/19 $ 1.37 $ 0.565 -58.61% O&G $ 0.560 0.9% 6 Alacer Gold AQG 30/10/19 $ 6.33 $ 9.40 48.50% O&G $ 9.40 0.0% 7 Van Eyk Gold Miners ETF GDX 13/09/19 $ 39.67 $ 58.09 46.43% Goldwatch $ 59.10 -1.7% 8 Bellevue Gold (Tolga K) BGL 13/09/19 $ 0.63 $ 1.130 80.80% Goldwatch $ 1.110 1.8% 9 Meteoric Resources MEI 13/09/19 $ 0.07 $ 0.047 -32.86% Goldwatch $ 0.049 -4.1% 10 Rox Resources RXL 13/09/19 $ 0.027 $ 0.062 129.63% Goldwatch $ 0.063 -1.6% 11 Catalyst Metals CYL 13/09/19 $ 2.320 $ 2.48 6.90% Goldwatch $ 2.45 1.2% 12 Calidus Resources (Alkane) CAI 25/05/20 $ 0.385 $ 0.575 49.35% Microcap P $ 0.570 0.9% 13 Silver Mines SVL 18/05/20 $ 0.110 $ 0.220 100.00% Microcap P $ 0.230 -4.3% 14 Investigator Resources (Silver Stock)(Meriam Gold & Silver Fund) IVR 18/05/20 $ 0.019 $ 0.054 184.21% Microcap P $ 0.057 -5.3% 15 Pacifico Minerals (Silver Stock) PMY 21/05/20 $ 0.006 $ 0.022 266.67% Add 21/5 $ 0.022 0.0% 16 De Grey Mining DEG 22/06/20 $ 0.640 $ 1.500 134.38% Add 22/6 $ 1.425 5.3% 17 Breaker Resources BRB 23/06/20 $ 0.280 $ 0.245 -12.50% Add 23/6 $ 0.240 2.1% 18 Big River Gold BRV 24/06/20 $ 0.031 $ 0.062 100.00% Add 24/6 $ 0.050 24.0% 19 Capricorn Metals CMM 25/05/20 $ 1.580 $ 2.260 43.04% Add 25/5 $ 2.230 1.3% 20 Red 5 RED 19/06/20 $ 0.325 $ 0.355 9.23% Add 19/6 $ 0.360 -1.4% 21 Bardoc Gold BDC 25/06/20 $ 0.081 $ 0.082 1.23% Add 25/6 $ 0.083 -1.2% 22 Silver Lake Resources SLR 3/07/20 $ 2.230 $ 2.430 8.97% Add 3/7 $ 2.510 -3.2% 23 Maximus Resources MXR 3/07/20 $ 0.100 $ 0.175 75.00% Add 3/7 $ 0.200 -12.5% 24 Auteco Minerals (1832 Asset Mgt) AUT 3/07/20 $ 0.170 $ 0.150 -11.76% Add 7/7 $ 0.155 -3.2% 25 Perseus Mining PRU 9/07/20 $ 1.480 $ 1.515 2.36% Add 9/7 $ 1.545 -1.9% 26 Golden State Mining GSM 16/07/20 $ 0.360 $ 0.245 -31.94% Add 16/7 $ 0.240 2.1% 27 Great Southern Mining GSN 16/07/20 $ 0.160 $ 0.120 -25.00% Add 16/7 $ 0.120 0.0% 28 Impact Minerals IPT 16/07/20 $ 0.016 $ 0.025 56.25% Add 16/7 $ 0.025 0.0% 29 Leroy Exploration LEX 16/07/20 $ 0.240 $ 0.270 12.50% Add 16/7 $ 0.260 3.8% 30 West Wits Mining WWI 16/07/20 $ 0.017 $ 0.032 88.24% Add 16/7 $ 0.031 3.2% 31 Resolution Minerals RML 20/07/20 $ 0.079 $ 0.056 -29.11% Add 20/7 $ 0.052 7.7% 32 RareX (Tolga K) REE 27/07/20 $ 0.065 $ 0.074 13.85% Add 27/7 $ 0.068 8.8% 33 Adriatic Metals ADT 27/07/20 $ 1.970 $ 2.180 10.66% Add 27/7 $ 2.280 -4.4% 34 Chesser Resources CHZ 28/07/20 $ 0.260 $ 0.200 -23.08% Add 28/7 $ 0.200 0.0% 35 Equus Mining (Palisades G) EQE 6/08/20 $ 0.015 $ 0.017 13.33% Add 6/8 $ 0.017 0.0% 36 Myanmar Metals MYL 10/08/20 $ 0.094 $ 0.096 2.13% Add 6/9 $ 0.100 -4.0% 37 Firefly Resources (Tolga K) FFR 10/08/20 $ 0.100 $ 0.165 65.00% Add 10/8 $ 0.180 -8.3% 38 Kalamazoo Resources (Sprott) KZR 11/08/20 $ 0.720 $ 0.735 2.08% Add 11/8 $ 0.750 -2.0% 39 Austar Gold AUL 17/08/20 $ 0.325 $ 0.450 38.46% Add 17/8 $ 0.410 9.8% 40 Alto Metals AME 18/08/20 $ 0.092 $ 0.085 -7.61% Add 18/8 $ 0.085 0.0% 41 Nelson Resources NES 19/08/20 $ 0.075 $ 0.068 -9.33% Add 19/9 $ 0.071 -4.2% 42 Average gain 54.4% Average gain 0.1%
- Forums
- ASX - General
- Its Over
An overall 0.1% gain on a relatively difficult day suggest one...
- There are more pages in this discussion • 16,099 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)