How much they get, and when, then what do they do with the cash, will be the operative questions ... especially when - could be a while, if Xstrata has no immediate plans to proceed with construction, they could just wait Metallica out while leaving a lowball offer on the table, this has been done before
But there is a lot of value there, agreed, i'll be looking to add at some point, soon as it breaks 6.00 convincingly ... meantime expect wgi.to to be more of a leader, added some there this week ... and epm.to, though who knows, it's such an oddball in behaviour, odds say it should trade up on news of full production going off as planned ... these three make up my main gold plays, i plan to trade between them as things advance, going to try to get ckg.v up to the same level and then have a foursome, sell a few of one on spikes and add laggards, or the other way round maybe at times, as events indicate, or the whim strikes
stockcharts.com
stockcharts.com
... hmm, on a bit of a roll in epm terms ... but downhill against wgi ... any one of the three could take off any day, so this is of limited utility, something to do though when the market's closed |