guess i shld cc in here as well

re: 4 best oz gld juniors (olympian)
Forum: ASX - By Stock (Back)
Code: GOLD - GOLD METAL AU 79 (Google GOLD)
Post: 4320507
Reply to: #4295389 from trtkjd1 Views: 13
Posted: 02/08/09 19:12 Sentiment: Buy Disclosure: Stock Held From: 220.237.xxx.xxx

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In my opinion .......

DRA at sub 50 mill market cap is the cheapest gold PRODUCER on the board sitting at about a quarter its peer group (ie 100,000 ozs pa / next year) average size. Effectively unhedged now and only minimal and convertible debt remains, so should be a divvie payer from next year onwards.

ORP at a (ridiculously low) 10 mill market cap is the the cheapest EMERGING gold producer I can see atm. ORP also has a sleeper Uranium kicker within stone's throw of PDN's new Malawi mine and which the market continues to ignore.(Check out Sep 08 preso if u want a feel for the Uranium and the Scoping study GOLDEN results,released about same time as they ran out of cash, providing opportunity for neo-sharks to subsequently "help" them out at a cost of one third of the company).

Both DRA and ORP begin with 1 mill ozs resource bases and growing.

TECHNICALLY IMO ... ORP is now in T+2 breakout mode and DRA looks primed for same with nice new volume bids starting to sniff and both with S/T techno targets about x 2 current.

PGM remains napping unwanted at 15 mill market cap with its globally significant Greenland deposit on ice and now undergoing PFS by GRD-Minproc. Given its golden core is already 6 mill ozs size (u can say that PGM's golden NPV is 0.1 IG ozs per SHARE!)and likely to increase, with Platinum and LARGE (40 mill ozs) Palladium bonuses contained (which I ignore for now) ... then IMO it is peerless on upside in a real gold boom, likely to begin as a result of the shift away from USD as global reserve currency.

IMO these 3 represent an aggressive but balanced mix of extreme leverage/low risk portfolio "insurance" and are my prime golden plays looking at likely optimum POG macros into y2011.

IMO GOLD SECTOR from now til 2011-12 has the same "feel" as 1984-87, where we saw some gold smallcaps rice x 100, and the Ozzie GOLD INDEX rise 400% during Q2 1987 alone ..... EXHILIRATING TIMES. A breakout into blue by USDPOG now threatens and is capable of igniting same kinda scramble for the golden ones once it confirms.

IMBOOC


PSSS since they ask for 4, then CHN is my # 4