KGL 0.00% 11.0¢ kgl resources limited

onshow, you must be new to commodities/mining stocks.. In four...

  1. 226 Posts.
    onshow, you must be new to commodities/mining stocks.. In four months time frame that you've given, take a look at all major exploration companies like; GRY, AMX, AZM, PIR, PRU, BYR, NMG, KAS, MSR, CDT, SVL, CCU, and many other exploration companies, even NCM is nowhere near its record high with gold price currently sitting above $1500. They were lagging even before the shoot up of gold price to $1500 and were sold down even more when gold price went from $1550 downwards. There are already some indecisive and risk sentiment placed toward these stocks already, causing 'substantial' discount to overall market. Now there could be heaps of reasons for why that happened, you can look at 'GOLD' forum for more info. But just because a stock is down from its high, doesn't mean its a total no no or should be fully avoided, if that was the case, all exploration companies should be avoided then.

    As for macro factors of the country itself, i'm bullish. As for micro factors like villagers disputes, i'm 50/50. One can place their bets accordingly?


 
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