News and Announcements
A Fresh Test on the Risks of Exploration
- Published April 09, 2012 10:00PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Its strength has stimulated significant investment at the exploration level, although local speculative appetite appears to be slowing.
The number of gold-focused initial public offerings on the Australian Securities Exchange has halved during the past year. Most are trading below their issue price. In contrast, the HUI Index of unhedged gold producers has mimicked prices of the yellow metal by trading in record territory.
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