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Holiday Shopping Tips for Gold Stocks

Back in April I posted several comments on this site about the gold stock I had invested in, Kingsgate Consolidated, KCN on the ASX and you would be very happy now if you'd followed my advice.

KCN has a lot going for it, a great mine in Thailand which produces gold at $288 an ounce and terrific exploration upside both at the mine itself and elsewhere, nearby. At the mine itself they found almost twice as much gold as they mined in the last year and plans are well advanced to double the capacity of the mine. They just discovered a second highly prospective site 6 to 10 km from the mine and recently paid a very nice dividend. I could not be more happy with the share. Give their website a look. You can look back at my previous posting about KCN and you'll see the share has almost doubled in price since I first recommended it.

Larkin: Gold's Stealth Bull Market

Tom while I largely agree with your last paragraph, I have just looked at New Gold and I don't think it stacks up against the stock I am heavily invested in, Kingsgate Consolidated, KCN on the ASX. The stock had a bad day on Friday but its total costs of production in the last quarter stood at $288 an ounce, it just had a very nice fully franked 15 c dividend and it discovered almost twice as much gold as it mined.

Gold Stocks vs. Gold: Who's Winning?

I recommended Kingsgate Consolidated (KCN on the ASX) on a number of occasions on this very site in April and if you had followed my recommendations, you would have seen a very nice profit and you would have also have just picked up a 15 cent dividend, fully franked for lucky Australians.