Would like to put in SAR - Saracen Mineral Holdings Limited.
Believe that Gold is going to run in July, POG is making a higher low + increasing geopolitical risk in M/E(Qatar story), Sth China sea and North Korea. Also see AUD weakening against the USD as disparity between yield is significantly wide atm and expect it to contract.
Specific to the company (fundamental) - SAR still has to bed down their cost of production which is sitting around AUD$1500/Oz at the moment. Company expects/plans to ramp up production in the short to medium term (3-6mths). If the macro factors and fundamentals improve for the company, we could expect a huge re-rating for this little gem.
Technical view - Chart is supportive in my view, has found support around $0.80 and short term movements have been making higher lows.
Thanks!