0854 [Dow Jones] Gold stocks should do well today, with bullion futures reaching
US$420/oz overnight. Gainers likely include Oxiana (OXR), Kingsgate (KCN),
Newcrest (NCM), and Sons of Gwalia (SGW). Focus remains on Lihir (LHG) which
lagging sector amid speculation major shareholder Rio Tinto (RIO) could quit
register of problematic PNG miner. (IGP)
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- long oxr / short lhg?