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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (304465)7/10/2024 5:45:46 PM
From: LoneClone4 Recommendations

Recommended By
bull_dozer
dara
onepath
ralfph

  Respond to of 312305
 
I owned BTO for years and still follow it. What got me to sell was the increasing country risk in Mali, so I replaced them with EDV in my pf. I do think they are a well-run company with excellent assets. If only there wasn't that country risk...

FWIW, the brokerages mostly have much higher targets than the current price, so if you pick your entry point carefully you would likely do well as a trade. And who knows, there is a chance it could turn into a long term hold.

Another producer from that area I would take a look at is Orezone.

LC



To: bull_dozer who wrote (304465)7/11/2024 12:36:50 PM
From: LoneClone5 Recommendations

Recommended By
Anchan
bull_dozer
dara
onepath
ralfph

  Respond to of 312305
 
Two more mid-level gold stocks worth a look IMO...

OGC has been running even more than its peers of late, probably because they will be generating a lot of FCF. I have a personal target of $5, but the brokerages are more conservative, with targets of low to mid $4 range.

And it looks like EQX, which was unloading a lot of shares of IAU, has finally run out of shares to sell., Volume has dropped off and the chart looks like a bottoming pattern to me. They will be bringing 3 Nevada gold+ mines into production in the next few years, and IMO will get a real boost if and when they can finally reveal the identity of the as yet unnamed company that has been spending money on IAU's Ruby Creek while negotiating a JV. I still have an eventual personal target of $5 for IAU, which would generate a great reutrn on the warrants.

LC