You can always diversify.
Ive looked at a lot of gold cos and regardless of price - WAF seems the better placed to benefit from POG right now imho. Lots of explorers will rise as they annc deposits/drill results but until they produce, the sp will retrace at some point as the fair dinkum cos build a plant and produce - giving investors an opportunity to enter - later, at a lower price with less risk. Plenty of small cos in the sector wont find anything economical to mine even tho the sp might be saying something different right now.
For me, Id rather be all in on a sure thing than spread out over every maybe co in the sector.
You can always diversify.Ive looked at a lot of gold cos and...
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Last
$1.39 |
Change
0.050(3.73%) |
Mkt cap ! $1.428B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.41 | $1.33 | $7.200M | 5.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 54362 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 80972 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.39 |
Change
0.050 ( 3.92 %) |
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| Open | High | Low | Volume | ||
| $1.34 | $1.40 | $1.33 | 1591194 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| WAF (ASX) Chart |