The next takeout targets in gold - Who's next???Once in a while you find a really useful article to help plan for your Gold mine purchases, confirm your current positions and avoid the 'consistent' underdogs. Here is an interesting article from Marin Katusa as reported on Dec 9th on Kitco.
Includes detailed and useful visual graphs of Large, Mid tier and Junior Gold miners containing annual Production, their cash costs and YTD returns.(along with some tips) As you can see from the chart, Eldorado is in the Top (2nd place position) for Mid tier Gold producers for YTD returns so even though its battered down at the moment its by no means out of the race and we should see a good Q4 report and perhaps great news coming out of Greece regarding status of remaining permits- would make a nice Christmas gift to patient shareholders. Cheers to the patient.
The next takeout targets in gold
"There have been close to $6 billion in gold buyouts the last 2 weeks.
Coming into tax loss season, it’s time to sharpen your pencils and get your cash ready for opportunities on the horizon.