In the recent email FP says:
3 Super Sized Gold Stocks
Here are our 3 favourite large gold stocks...
Super Sized Gold Stock #1
This company has just broken a number of production records, with annual gold production up 26%* on last year.
It has a key advantage over other miners as it saves tens of millions of dollars by generating its own energy through geothermal power stations. It allows them to remain at the lower end of the industry cost curve.
The company is targeting production of more than 1 million ounces of gold through the year to December 2009. Finally, and critically, the company held approximately $64 million of cash on hand and no debt at the end of 2008.
With the gold price set to soar, all the pieces are in place for this large gold miner to benefit in 2009 and beyond.
Super Sized Gold Stock #2
This company just announced a $500 million capital raising. So overwhelming was demand from investors, keen to invest in the company that they upped their raising to $750 million.
In such a jittery market, this alone is quite remarkable. The company was not in any financial difficulty or under pressure from investors to pay down debt. It has raised the funds to accelerate its growth opportunities.
Remember that word? Growth? Yep - some companies, particularly in the gold sector, are still growing. We expect this huge Aussie gold miner to power higher in the very near future.
Super Sized Gold Stock #3
This is one of the world's largest unhedged gold producers, and we think it should begin to attract serious attention from investors in the years ahead.
The company has underperformed over the past few years as declining production and rising costs have eaten into profitability. However, these trends will be reversed this year and with the expectation of a robust gold price, this huge gold producer should return to focus.
One Big Gold Explorer Available At A Small Price
We asked our resident Fat Prophets Mining & Resources analyst for his very favourite smaller gold stock. Without hesitation, he highlighted this company...
This gold explorer is sitting on what we think will be an eventual +5 million ounce gold camp.
It's projected annual gold production is up to 350,000 ounces per year at an expected very low average cash operating cost of just US$198 per ounce (after by-product silver credits), making it one of the lowest-cost undeveloped gold deposits in the world.
The potential for this company has seemingly not gone unnoticed, with its share price already soaring a massive 174%* since its November 2008 bottom.
Yet if you were thinking you might have already missed the boat, think again.
Think...
Global stimulus packages.
Plunging interest rates.
Wall of money.
Rising inflation.
Warren Buffett.
Rising gold price.
Takeover potential.
One of the lowest-cost undeveloped gold deposits in the world.
Finally, to put the size of the gold resource this company is sitting on into perspective, a chart recently produced by the company showed that between 1999 and 2006, there have been a grand total of only 24 one-million plus ounce gold discoveries.
With gold so scarce, and inflation set to rise in the years ahead, no wonder the price of gold is near record highs, and we think is headed significantly higher.
Anyone got any clue? is SBM the Super Sized Gold Stock #2 ?
3 Super Sized Gold Stocks
Here are our 3 favourite large gold stocks...
Super Sized Gold Stock #1
This company has just broken a number of production records, with annual gold production up 26%* on last year.
It has a key advantage over other miners as it saves tens of millions of dollars by generating its own energy through geothermal power stations. It allows them to remain at the lower end of the industry cost curve.
The company is targeting production of more than 1 million ounces of gold through the year to December 2009. Finally, and critically, the company held approximately $64 million of cash on hand and no debt at the end of 2008.
With the gold price set to soar, all the pieces are in place for this large gold miner to benefit in 2009 and beyond.
Super Sized Gold Stock #2
This company just announced a $500 million capital raising. So overwhelming was demand from investors, keen to invest in the company that they upped their raising to $750 million.
In such a jittery market, this alone is quite remarkable. The company was not in any financial difficulty or under pressure from investors to pay down debt. It has raised the funds to accelerate its growth opportunities.
Remember that word? Growth? Yep - some companies, particularly in the gold sector, are still growing. We expect this huge Aussie gold miner to power higher in the very near future.
Super Sized Gold Stock #3
This is one of the world's largest unhedged gold producers, and we think it should begin to attract serious attention from investors in the years ahead.
The company has underperformed over the past few years as declining production and rising costs have eaten into profitability. However, these trends will be reversed this year and with the expectation of a robust gold price, this huge gold producer should return to focus.
One Big Gold Explorer Available At A Small Price
We asked our resident Fat Prophets Mining & Resources analyst for his very favourite smaller gold stock. Without hesitation, he highlighted this company...
This gold explorer is sitting on what we think will be an eventual +5 million ounce gold camp.
It's projected annual gold production is up to 350,000 ounces per year at an expected very low average cash operating cost of just US$198 per ounce (after by-product silver credits), making it one of the lowest-cost undeveloped gold deposits in the world.
The potential for this company has seemingly not gone unnoticed, with its share price already soaring a massive 174%* since its November 2008 bottom.
Yet if you were thinking you might have already missed the boat, think again.
Think...
Global stimulus packages.
Plunging interest rates.
Wall of money.
Rising inflation.
Warren Buffett.
Rising gold price.
Takeover potential.
One of the lowest-cost undeveloped gold deposits in the world.
Finally, to put the size of the gold resource this company is sitting on into perspective, a chart recently produced by the company showed that between 1999 and 2006, there have been a grand total of only 24 one-million plus ounce gold discoveries.
With gold so scarce, and inflation set to rise in the years ahead, no wonder the price of gold is near record highs, and we think is headed significantly higher.
Anyone got any clue? is SBM the Super Sized Gold Stock #2 ?
wonder.
