re: holds ags Just had a look at the discounts of LICs, that...

re: holds ags Just had a look at the discounts of LICs, that invest in the resource sector, trade at to their net tangible assets (NTA).

Heemskirk Consolidated HSK are trading at 3% disc. to Aug NTA
Lion selection Group LSG at 15%
Ausselect limited AUS at12%
Global Mining GMI at 13% (aproximately, after allowing for dilution of all options)

Linq Resources fund are trading at a huge 44% discount to there August NTA of $1.29 (and a 25% if you allow for a dilution of all options) Therefor a major revaluation is long overdue, especially if you take into account there superior stock selection and 9% dividend yield. There is also the large increases in NTA for August that may push their NTA above $1.40.