Gold Stocks Soaring

Discussion in 'Other Asset Classes' started by Bullion Baron, 15th Oct, 2015.

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  1. Bullion Baron

    Bullion Baron Well-Known Member

    25th Jul, 2015
    Adelaide, Australia
    Bit of an uptick in Gold has given a solid boost to related mining companies.

    I recently added a decent parcel of SLR at 14c and MML at 36.5c to my super and both have roughly doubled in a short period of time.

    Sadly I also have some miners I've held long term which are down substantially (in the order of 80%), but recent gains (in the above two and another position in NST) have more than made up for them.

    If the bottom is in for Gold then this sector is likely to be very hot over coming years, though short term looks overbought...

  2. joel

    joel Well-Known Member

    23rd Jun, 2015
    SAR up from 40c to 60c
    NST up from $2 to $3
    EVN from $1 to $1.5
    MLX from $1 to $1.4

    All in the space of a couple months. Not bad.
    charttv likes this.