GBG 0.00% 2.9¢ gindalbie metals ltd

My guess is that they won't reach their profit target as the...

  1. 392 Posts.
    My guess is that they won't reach their profit target as the rise in the A$ would have reduced the amount they are receiving for the gold even after the rise in the POG.

    I would still see the profit being healthy and would expect it is a good buy at the moment. However, the A$ shows no signs of slowing its appreciation so most resource stocks are probably going to hurt because of it.
 
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