AI
Tuesday, January 26, 2016 5:18:42 PM
EDV.TO - 3rd best today
HWY and DRD Gold - both in South Africa, are in incredible rallies as Rand depreciates. At some point there should be big correction on both which should be a buying opp (maybe starts tomorrow).
EDV 3rd best performing equity today after these two. From Kitco:
Sold a lot at $8.00 a few weeks ago which seemed brilliant at short term top and correction to $7.00 but who say today's jump come?
Bob - don't forget about EDV's debt so you need to use Enterprise Value to compare to other producers!
HWY and DRD Gold - both in South Africa, are in incredible rallies as Rand depreciates. At some point there should be big correction on both which should be a buying opp (maybe starts tomorrow).
EDV 3rd best performing equity today after these two. From Kitco:
Sold a lot at $8.00 a few weeks ago which seemed brilliant at short term top and correction to $7.00 but who say today's jump come?
Bob - don't forget about EDV's debt so you need to use Enterprise Value to compare to other producers!
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