humpback321
- 24 Sep 2009 13:17
With gold holding above 1000 dollars per ounce it would appear to me that one of the best investing stratergies at the moment is to invest in gold producers. A gold company, producing gold,with money in the bank, whose production is unhedged, with a rising share price.and UK listed would be an ideal company. I would be grateful for any recommendations and comments as i believe an ideal investor oppertunity would be to buy shares when gold is above 1000 and sell when or if it dips much below 1000. profit levels at this price must be good?
HARRYCAT
- 25 Sep 2009 09:29
- 4 of 9
Major Gold producers:
AAL, VED, LMI, RRS, POG, ANTO, FRES, HOC.
Some of these also produce silver & other precious metals.
Loads of other much smaller gold miners, but come with their own risks:
CEY, CLF, MCR, EMED, AUR, SOLG, AAU, SHG, GGP, NGL, MARL, PNG, TSG, HGM.
I think Shares Mag used to promote RRS as the best pure gold play.
niceonecyril
- 25 Sep 2009 09:37
- 5 of 9
MML low costs and producing.
cyril
humpback321
- 23 Oct 2009 19:56
- 6 of 9
Thanks cyril. Had a good look at MML. I like it.
humpback321
- 26 Oct 2009 12:58
- 7 of 9
Bought MML at 2.05. I cant see much downside to this while the gold price is above 1000. any views?
humpback321
- 16 Nov 2009 14:07
- 8 of 9
Thanks again cyril. MML now 2.23.Gold at record high.