Gold stocks - profit taking, page-6

danbat

I did not mean to pick on AOR - I was just using it as an example of a gold stock that you would expect to be rising on a higher gold price. So its either the rising A$ or straight and simple profit taking by fundies or perhaps overseas investors that sees all the majors lower today. The fact that gold traded a little lower over the course of the day may have stimulated some selling just in case it moves lower overnight. In the medium term there is still significant upside in AOR and many other gold stocks.

Yes, AOR is our best gold producer now that Normandy is gone, and the dividend will be attractive.

Cheers

H