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? [View article]
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.
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Gold Stocks vs. Gold: Who's Winning? [View article]