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A producer of gold and holder of gold reserves in South Africa, Ghana, Australia, Venezuela and Peru. The Company is involved in underground and surface gold mining and related activities, including exploration, extraction, processing and smelting.
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danblanchard (< 20) Submitted: 1/08/08 9:40 PM : Start Price: $15.49 GFI Score: -3.89
Cyclical stock. Can almost predict the bottom at $14. Seems to rarely go higher than $20, though it has reached $25 on occasion. Will creep up to $20 with the price of gold rising. Once the dollar eventually strengthens, this will go back down to $14. Not a great long term stock though. But you can take small $2-$3 gains consistently with this stock.
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