Originally posted by Davisite
There is a re-rate going on within the goldies. While we are tied to SLR this is not a bad thing right now as they are a much more marginal producer than DRM. I think the big money has decided that gold is staying above A$1800 for the foreseeable future and have decided that producers like SLR are going to be a money machines.
LJ may be even smarter than we think.
Sector consolidation happening being a one mine company can only get you so far, so yes LJ acting quite early is smart now we need to stand back and watch this unfold.
Nice to watch closing in the green.
Wouldn't be surprised if LJ and LT haven't already identified future targets.