AOR apollo series 2013-1 trust

& NCM, LHG - Gold stocks looking attractive again

  1. 15,800 Posts.
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    Anybody agree that gold stocks are starting to look attractive? I know its dangerous to bottom pick, but AOR, NCM and LHG have come down to levels we haven't seen since gold was well below $300. LHG for example hasn't been this low since October 2001 - it falls fastest due to its low gearing, but unless you believe that gold is going to go all the way back to $260 it has got to be a buy at < $1.00. AOR is less than it was when gold was < $300 and before the takeover move was announced, and NCM is less than it was before the initial Telfer upgrade.

    Anyone else getting tempted ??

    Regards

    H
 
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