I would not mind a list of which ones would do that. I think there would be very few. It would certainly not be any of the other mid tier producers such as SLR (still a mid-tier?), RSG, PRU, KCN, MML (not really a mid tier if all they can do is 80k ounces pa), RRL, EVR, TGZ, BDR, AQG, IGO, NST, EVN, TRY.
Some of the beaten down near developers and explorers may go for a very good run, such as PXG, AZM, GRY and could get to be 4-8 baggers.
Lets not forget that USD gold price was above 1430 in the second half of 2013, which is only 12% below USD1600, yet our goldies only rose 70-100% off their bottoms.
I agree that a USD1600 POG would be very nice for our goldies which on average would at least double from their current prices, and many would triple in price. It will take a fair while before the market is so love with the goldies that they will again pay massive over the top prices.
loki
I would not mind a list of which ones would do that. I think...
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.0¢ | $1.033M | 4.950M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 65150 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 926460 | 17 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SBM (ASX) Chart |