MZG Menzies Gold up 21.9% today

  1. 404 Posts.
    a rewarding day's work. Still plenty of upside left-I'm targeting 15-25c in 3-4 months; subject to POG staying over US$320 and AU$ price above $560. I've been long in the AUD for months now and see 58c to the USD not far away. Hence the dampened enthusiasm for the 'top quality' gold stocks. It's a market for the juniors now IMHO. Yes, I did take SOME profits out of MZG today(30% profit taken is not to be sneezed at) but remain a holder, albeit with 60% less shares.
    Remember: "a profit taken is a profit made".
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