Over the last couple of days the shareprice of Lihir Gold has moved up dramatically in line with the strenthening gold price and a lot of the more speculative gold stocks have remained pretty static.
Expect more of the same as the gold price gathers momentum.
LHG will attract more and more institutional investors.
LHG produces over 600,000 ounces of gold pa
It has very little debt.
It has massive reserves - and an expotentially long mine life.
But, most importantly of all, it is very lightly hedged.
This is a great stock to be in to take advantage of a continually strengthening gold price.
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LHG - King of the Golds
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