XMD 0.59% 10,549 s&p/asx midcap 50

Re golds.......cha I hold a generous spread of...

  1. 2,433 Posts.
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    Re golds.......cha I hold a generous spread of RRL/NST/SBM/EVN/SAR.......recent chart plots all similar, bread and butter gold stocks, too me, looks like there have been keen and patient buyers with this pullback.
    Can't go wrong here........well, things will go less wrong with these companies they rate for a reason

    TRY......I have gone so close to buying more Troy at these levels, but previous obfuscation by management and repeated raisings have put me on the backfoot. Previously done well buying TRY when its been on the nose which is why I too am tempted back in, but so many other options. Even with Karouni running smoothly, will it outperform, I don't think so, but good for a bounce. Also need to find a lot more ounces

    Personally, I am holding way too many gold stocks, equal spread now between producers, developers and explorers; the risk profile in my portfolio over the past year has increased considerably. . I am happy for this to happen organically/naturally at this stage in the cycle, as I am in for the punt. Threw some out.... TRY, BSR, VML, MEP (sheet, what was I thinking, a lapse). Last washout added DKM, MOY, WPG, BLK

    Like the action on OVL and MBK, for bagger possibilties; still think that BYR still has more to give despite somewhat spiv behaviour from management. Holding all my original CDV/ORR/WAF. the African elephants. I know you are wondering about CDV, it looks lined up to me, so still a hold

    Gold price has done the work, that pennant forming is tantalising, remember October last year? Lightning strike twice? Recall the last two Januarys. Can't see it breaking down here, if it does, I will adjust.
 
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