CAPITAL MARKETS

Unspectacular day for gold stocks

WITH the Australian price of bullion slightly down (but still above $A1772 per ounce when the ASX closed), it was an unspectacular day for gold equities. Sector leader Kidman Resources does have a bona fide gold prospect out Southern Cross way in Western Australia, though fair to say much/all of the recent interest in the stock has nothing to with shiny bars but rather Kidman's exposure to that magic element beguiling many ... lithium!

Michael Quinn
Unspectacular day for gold stocks

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