News from Stockwatch on HRG
Globe says High River Gold, others could see gains
2012-08-09 03:38 PT - In the News
Also In the News (C-CGG) China Gold International Resources Corp Ltd
Also In the News (C-DPM) Dundee Precious Metals Inc
Also In the News (C-KGI) Kirkland Lake Gold Inc
Also In the News (C-LSG) Lake Shore Gold Corp
Also In the News (C-SMF) Semafo Inc
The Globe and Mail attempts to identify gold companies producing the largest amount of bullion in relation to their share price in its Thursday, Aug. 9, edition. The Globe's Michael Bowman writes in the Number Cruncher column that the fundamental choice that faces every gold investor is whether to buy bullion or to buy shares in a gold miner. Mr. Bowman says there is a place for both assets, but over the past few years, gold stocks have failed to keep pace with the rising price of bullion. They have moved in tandem with the broad market. He says gold stocks can now offer more potential for gains than physical gold. However, any individual gold stock can lag because of many factors. That is why many investors are showing a preference for gold miners that offer good dividend yields. These companies at least offer some immediate payback for shareholders. Mr. Bowman looked for gold miners offering attractive dividend yields, but that are also producing large amounts of physical gold in relation to their share price. These companies would seem to be the best positioned to reward investors. They are High River Gold, China Gold International Resources, Dundee Precious Metals, Semafo, Kirkland Lake Gold and Lake Shore Gold.
https://www.theglobeandmail.com/globe-investor/investment-ideas/number-cruncher/gold-miners-with-bullion-brawn/article4470435/