Metal demand may be slow, but hope runs high for gold Jamie Freed January 12, 2009
Sino strength
Finally, although the gold price does not look quite as attractive in US dollar terms as in Australian dollar terms right now, investors should not write off Australian-listed companies with strong operations overseas.
Sino Gold's early entry into China has given it a strong base in that nation. It expects to produce 210,000 to 230,000 ounces of gold at a cash operating cost of less than $US400 an ounce from two mines this year, and has other growth projects under way.
So why does she continue to down when majority of gold miners and gold itself is supposedly set to go up?
SGX Price at posting:
$4.40 Sentiment: Hold Disclosure: Held
