Australian (ASX) Stock Market Forum

Gold companies on the ASX?

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22 March 2009
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Hi

I'm interested in investing in a company dealing with gold on the ASX.
Can anybody steer me in the right direction as to which companies I should be looking at? I will make my own personal enquiries but I'd like a list of names to start off with.

The companies I'd expect deal with the mining of gold, but if there are other companies that deal with gold another way I might look into it.

thanks.
 
Re: Gold companies on the ASX

Hi

I'm interested in investing in a company dealing with gold on the ASX.
Can anybody steer me in the right direction as to which companies I should be looking at? I will make my own personal enquiries but I'd like a list of names to start off with.

The companies I'd expect deal with the mining of gold, but if there are other companies that deal with gold another way I might look into it.

thanks.

It's not permitted to give investment advice on ASF pj.

But here is a link to all the goldies listed on the ASX.
I think it's a subscription site but it does include all the
gold stocks large-mid-small listed on the ASX.

http://goldnerds.com.au/




Cheers
Gumby
 
Re: Gold companies on the ASX

my pick of the goldies would have to be TRY-Troy Resources. With a current MC of $90m i believe they are at the lower end of their valuation. Cash at bank stands at approx 64m which gives enterprise value of 26m, in which i think is very cheap, i suugest doing some homework on this one and maybe you'll come to the same conclusion i did, cheers.
 
Re: Gold companies on the ASX

Well done JnrTrader, when you told me the price was 1.30, now its at 2.17 and it peaked at 2.60.
I didn't get on it, did you have something on it?


my pick of the goldies would have to be TRY-Troy Resources. With a current MC of $90m i believe they are at the lower end of their valuation. Cash at bank stands at approx 64m which gives enterprise value of 26m, in which i think is very cheap, i suugest doing some homework on this one and maybe you'll come to the same conclusion i did, cheers.
 
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