LHG unknown

OK goldbugs and everyone else.Its hedge book isn't the best, its...

  1. 10,605 Posts.
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    OK goldbugs and everyone else.

    Its hedge book isn't the best, its in a volatile area and it has RIO as a blocking shareholder but aside from all that LHG is sitting on a mountain (quite literally) of gold.

    $1.15 has proven pretty good support (looked a bit dodgy there for a while in August) but what now ?

    Is it a buy do you reckon for yet another run up or are those lower lows and lower highs in the chart ?

    Would welcome any opinions !!
 
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Currently unlisted public company.

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