It all will come to the survival of the fittest.SLR, NST, RSG...

It all will come to the survival of the fittest.
SLR, NST, RSG are producing companies with no dept, cash on hand, low production cost & low cost expansion in place.
(NST puts big money into near mine exploration)
So far has been paying off)
Perhaps might need a rethink of the CEO(BB)
(preserve some cash & wait for the dust to settle)
What really differentiates all of them from NCM (the largest Aussi Gold miner} is that they have a very competent & capable management team with a proven track record.

NCM has ALWAYS!!! underperformed & missed their targets ever since they where spun off BHP (year by year} & listed as BHP Gold in the 80th.{wall collapses, cost over runs, problems with takeovers "Lihier" etc)

Long mine life would be an additional bonus.
The short term price of gold is everyone's guess.
Got your money invested in some good quality gold mining companies with low production cost you just have to sit it out eventually they will pay you a good return medium to long term.

Hurt's if you're on margin call, might bring in much more supply & drive share prices of established, profitable miners to reticulated lows, when the market opens later today.

One's misfortune is the others opportunity.
By the way got no holdings in SLR, bought in a few years ago @22c & sold out @ 28c. {in hind side far to early}

But you never go broke taking profit.
Looking to get back in once the dust has settled.
Good very competent management.