Post by
MaterialsMan on Oct 29, 2023 10:40am
Finally found one
I've always felt a little uneasy over the fact that gold producers, including KRR, seem to have little if any interest in keeping some bullion in there coffers.
To me, it tends to diminish confidence in whether there is any wisdom in holding physical gold.
I was advised on this forum that the issue has been discussed in the past.
Not sure as to whether there is any concensus that favors the idea. It does not seem so.
I did come across a significant mid tier producer named Regis Resouces. From what I can tell, it only trades on the Australian exchange.
The company keeps a significant amount of gold bullion as a liquid asset.
They are quite successful, as well as being one of the major players in the sector down under.