SED sedimentary holdings limited

gold fever

  1. 70 Posts.
    Boy,

    these gold stocks are all over the place. What is it with traders in gold?

    SED look pretty good, especially at anything below 24 cents.

    I'm just looking at the moment (don't own any SED), but my rough numbers on this are for Cracaw, 35,000 Oz pa at $576AU/Oz gives profit ~ $216AU/Oz, gives per share (if issued shares still 251M) 3 cents pa (12.6% at price of 24 cents) for next 7 years. Plus other reserves, of course. This is just the rock solid stuff.

    Any opinions?
 
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