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327 Posts.
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28/12/16
21:46
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Thanks for HH post.
That was in August 2016 when Gold was $2000 Aud per oz. It is now $1550 - $1600.
Peter Hall was an inspiration as a fund manager. He has now left. He was able to identify stocks like Sirtex , Santa Barbara and BLK.
His replacement will be more conservative and my view is they will either reduce or sell out completely of BLK.
The challenge for BLK will be does it have the buying support to hold up 40m shares.
That is more than 1 mths volume.
However should the POG go to $1750 aud it will be easy to sell.
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