I notice they are tracking each other. I am using a chart to have a first pass filter if it is worth looking further. I do not know their operation at all. First thing I note is that it is at the mercy of the gold price so size did not protect the valuation preservation for whatever reason. They both formed a long term base before moving back up in a Cup&Handle fashion. As a buy and hold play this is probably as exciting as NCM which is not very much and how I like it this way. I don't want volatility with these big stocks.
If I were to ask what is the advantage over NCM? Geographical diversification is what appears far superior over NCM. Twice the production rate as NCM but size isn't everything as BArrick and Newmont have experience. High grade is so plenty of debate here to compare apples with apples.
I am interested at least
AGG Price at posting:
$4.14 Sentiment: None Disclosure: Not Held
