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GOLD STOCKS WATCHLIST
World's 100 hottest gold stocks
Gold stocks of all sizes are in good demand; buying remains selective in the face of booming dollar gold bullion prices.
Author: Barry SergeantPosted: Wednesday , 04 Nov 2009
JOHANNESBURG -
Dollar gold bullion traded within whiskers of US$1,100 an ounce on Wednesday, on factors that have been canvassed at length, ranging from India buying metal from the IMF, to the contrarian move of the metal to a neutral to stronger dollar, but which listed gold stocks are drawing the most buying attention?
Looking at stocks with a market value of at least US$10m, junior gold stocks are among the cream, with prime mention going to Ventana Gold, which has registered a stock price gain of more than 26,000% (yes, twenty six thousand percent) in less than 12 months.
Ventana is busy drilling at La Bodega in Colombia, and currently carries an eye-popping market value of US$902m. La Bodega appears to be an extension of Greystar's Angostura project, which for some considerable time has held 15m ounces of gold resources, with expansions likely. Greystar carries a more modest market value of US$341m, and is not much in demand at this point in time.
Further smaller gold names in very strong demand include North American listed Romarco, Metallic Venture, Tara Gold, Philex Gold, Minefinders, West Timmins, Centerra, Western Copper, and London-listed Norseman Gold, an Australian gold digger. No doubt Australian gold names will be catching up overnight Wednesday into Thursday.
Among global Tier I gold stocks, strongest demand is being shown for Newmont, and also Barrick, which have both recently published encouraging quarterly results showing an increasing ability to generate free cash flow, unlike a number of their peers.
There is also good demand for Goldcorp, which is reporting latest quarterly results today, and also diversified metals producers Freeport-McMoRan and Buenaventura, and also Yamana, Russia's Polyus, Australia's leading gold digger in Newcrest, that country's No 2 gold name in Lihir, and Johannesburg-based transnational gold miner AngloGold Ashanti.
Tier II gold names in strong demand include the likes of Centerra, Eldorado, Red Back, Iamgold and Randgold Resources.
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IN-DEMAND GOLD STOCKS |
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Includes some diversified names |
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Stock |
From |
From |
Value |
|
|
price |
high* |
low* |
USD bn |
|
CAD 1.35 |
0.0% |
1073.9% |
0.382 |
|
|
CAD 1.16 |
0.0% |
346.2% |
0.057 |
|
|
USD 0.45 |
0.0% |
1630.8% |
0.046 |
|
|
CAD 0.35 |
0.0% |
133.3% |
0.013 |
|
|
CAD 11.72 |
-0.1% |
252.0% |
0.727 |
|
|
CAD 2.82 |
-0.4% |
2069.2% |
0.374 |
|
|
CAD 9.38 |
-0.4% |
908.6% |
2.077 |
|
|
CAD 2.24 |
-0.4% |
992.7% |
0.162 |
|
|
GBP 0.56 |
-0.4% |
3616.7% |
0.159 |
|
|
CAD 10.74 |
-0.6% |
26750.0% |
0.902 |
|
|
CAD 1.69 |
-0.6% |
463.3% |
0.206 |
|
|
CAD 3.87 |
-0.8% |
545.0% |
0.779 |
|
|
USD 3.77 |
-0.8% |
842.5% |
0.842 |
|
|
CAD 1.15 |
-0.9% |
666.7% |
0.082 |
|
|
CAD 6.88 |
-1.0% |
463.9% |
1.167 |
|
|
CAD 0.95 |
-1.0% |
192.3% |
0.174 |
|
|
AUD 0.37 |
-1.3% |
825.0% |
0.221 |
|
|
CAD 2.11 |
-1.4% |
427.5% |
0.327 |
|
|
USD 12.42 |
-1.5% |
239.3% |
4.970 |
|
|
AUD 0.24 |
-2.0% |
300.0% |
0.035 |
|
|
CAD 15.51 |
-2.2% |
340.6% |
3.377 |
|
|
GBP 11.74 |
-2.3% |
582.6% |
3.328 |
|
|
CAD 0.40 |
-2.4% |
700.0% |
0.098 |
|
|
CAD 3.52 |
-2.5% |
433.3% |
0.605 |
|
|
USD 15.43 |
-2.7% |
473.6% |
5.679 |
|
|
CAD 3.69 |
-2.9% |
334.1% |
0.872 |
|
|
USD 48.28 |
-3.1% |
77.3% |
1.968 |
|
|
USD 5.55 |
-3.3% |
1337.8% |
0.158 |
|
|
AUD 0.14 |
-3.4% |
483.3% |
0.084 |
|
|
USD 74.22 |
-3.6% |
196.3% |
6.648 |
|
|
AUD 0.53 |
-3.6% |
171.8% |
0.062 |
|
|
CAD 1.04 |
-3.7% |
420.0% |
0.102 |
|
|
AUD 8.39 |
-3.8% |
281.4% |
0.738 |
|
|
AUD 3.60 |
-4.0% |
778.0% |
0.554 |
|
|
CAD 11.13 |
-4.2% |
359.9% |
0.601 |
|
|
GBP 0.46 |
-4.4% |
83.6% |
0.026 |
|
|
CAD 1.08 |
-4.4% |
928.6% |
0.115 |
|
|
AUD 0.43 |
-4.4% |
309.5% |
0.560 |
|
|
CNY 0.28 |
-4.4% |
357.6% |
0.022 |
|
|
CAD 1.25 |
-4.6% |
190.7% |
0.101 |
|
|
USD 47.49 |
-4.7% |
124.3% |
22.814 |
|
|
AUD 1.01 |
-4.7% |
258.9% |
0.520 |
|
|
CAD 3.19 |
-4.8% |
235.8% |
0.107 |
|
|
CAD 5.11 |
-4.8% |
127.1% |
0.141 |
|
|
CNY 69.79 |
-4.9% |
367.9% |
7.274 |
|
|
CAD 0.19 |
-5.0% |
533.3% |
0.020 |
|
|
USD 39.95 |
-5.1% |
109.1% |
39.269 |
|
|
USD 8.80 |
-5.3% |
317.1% |
0.406 |
|
|
CAD 7.00 |
-5.3% |
554.2% |
0.386 |
|
|
CAD 4.44 |
-5.5% |
279.5% |
0.389 |
|
|
USD 12.05 |
-5.6% |
245.1% |
8.832 |
|
|
AUD 7.04 |
-5.6% |
180.5% |
1.877 |
|
|
CAD 3.32 |
-5.7% |
159.4% |
0.259 |
|
|
USD 79.35 |
-5.8% |
405.4% |
34.121 |
|
|
USD 40.71 |
-6.2% |
138.8% |
29.828 |
|
|
CAD 1.43 |
-6.5% |
393.1% |
0.078 |
|
|
CAD 4.44 |
-6.7% |
372.3% |
1.623 |
|
|
AUD 0.97 |
-6.7% |
646.2% |
0.157 |
|
|
CAD 5.73 |
-6.8% |
839.3% |
0.355 |
|
|
USD 37.13 |
-6.9% |
234.8% |
10.207 |
|
|
CAD 5.75 |
-7.0% |
437.4% |
0.314 |
|
|
AUD 0.47 |
-7.0% |
564.3% |
0.058 |
|
|
AUD 0.33 |
-7.0% |
358.3% |
0.125 |
|
|
AUD 0.33 |
-7.0% |
489.3% |
0.115 |
|
|
HKD 14.40 |
-7.1% |
453.8% |
0.812 |
|
|
USD 52.00 |
-7.1% |
246.7% |
9.913 |
|
|
CAD 0.91 |
-7.1% |
149.3% |
0.099 |
|
|
CAD 1.17 |
-7.1% |
185.4% |
0.052 |
|
|
AUD 0.52 |
-7.2% |
772.9% |
0.083 |
|
|
CAD 2.92 |
-7.3% |
461.5% |
0.119 |
|
|
GBP 0.13 |
-7.4% |
49.3% |
0.023 |
|
|
AUD 34.45 |
-7.5% |
87.9% |
15.188 |
|
|
AUD 1.11 |
-7.5% |
335.3% |
0.033 |
|
|
CAD 0.98 |
-7.5% |
180.0% |
0.044 |
|
|
GBP 0.43 |
-7.6% |
203.6% |
0.036 |
|
|
USD 4.16 |
-7.6% |
299.6% |
0.394 |
|
|
CAD 0.60 |
-7.7% |
400.0% |
0.184 |
|
|
USD 4.43 |
-7.7% |
532.8% |
0.656 |
|
|
CAD 0.83 |
-7.8% |
453.3% |
0.037 |
|
|
CAD 5.99 |
-7.8% |
544.1% |
0.181 |
|
|
CAD 2.44 |
-7.9% |
136.9% |
0.133 |
|
|
CAD 1.19 |
-8.5% |
366.7% |
0.041 |
|
|
CAD 6.00 |
-8.5% |
380.0% |
0.357 |
|
|
AUD 0.16 |
-8.6% |
207.7% |
0.062 |
|
|
USD 2.94 |
-8.7% |
267.5% |
0.131 |
|
|
CAD 0.46 |
-9.0% |
1416.7% |
0.028 |
|
|
AUD 3.31 |
-9.1% |
111.5% |
7.146 |
|
|
GBP 0.22 |
-9.3% |
252.0% |
0.098 |
|
|
CAD 1.85 |
-9.3% |
3263.6% |
0.248 |
|
|
AUD 0.78 |
-9.4% |
112.3% |
0.270 |
|
|
AUD 1.28 |
-9.9% |
753.3% |
0.217 |
|
|
CAD 1.35 |
-10.0% |
145.5% |
0.110 |
|
|
GBP 0.72 |
-10.2% |
265.8% |
0.140 |
|
|
USD 41.78 |
-10.3% |
212.5% |
15.128 |
|
|
CAD 2.97 |
-10.3% |
421.1% |
0.727 |
|
|
AUD 0.85 |
-10.5% |
240.0% |
0.053 |
|
|
CAD 3.21 |
-10.6% |
664.3% |
0.389 |
|
|
AUD 2.27 |
-10.6% |
427.9% |
0.994 |
|
|
CAD 0.67 |
-10.7% |
157.7% |
0.034 |
|
|
GBP 0.82 |
-10.9% |
69.8% |
0.262 |
|
|
Averages/total |
|
-5.4% |
751.8% |
253.099 |
|
Weighted averages |
|
-5.8% |
190.6% |
|
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* 12-month |
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Source: market data; tables compiled by Barry Sergeant |
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Disclaimer
MINEWEB is an interactive publication, with rolling deadlines through each day, commencing in the Sydney morning, and concluding, 24 hours later, in the Vancouver evening. If you believe your side of an issue deserves inclusion, but has failed to meet one of our deadlines, you are invited to notify the Editor in Chief in Johannesburg, and we will include you in our editing and expanding on our stories. Email him at alechogg@gmail.com
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responses to this article
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raped and plundered Not a single ZAR stock! by ronty on November 05 2009, 08:19 Find this comment inappropriate? Report it |
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Capital Gold Shareholder since '08, Solid growth, Management improved without burning bridges, 2012 future return 1200%, 300% yearly. OTC currently with good volume.. should trade on AMEX, Nasdaq very soon, be there before the big boys buy in. . .more by Charles on November 12 2009, 23:25 Find this comment inappropriate? Report it |
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loss of credibility You put up 'World's 100 hottest gold stocks' and don't put Ventana in the mix.You,ve lost most of your credibility.Uncompromising independence,that's doesn't hold true.You're definitely biased. by marc on November 13 2009, 19:22 Find this comment inappropriate? Report it |
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apologies Am I bad. I need new glasses.You do justice to Ventana. Just didn't find it reading the list the 1st time thru. This Ventana-Greystar and most possibly Galway is possibly the next biggest deal in South America since Aurelian's Ecuador find. by marc on November 13 2009, 19:37 Find this comment inappropriate? Report it |
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Gold Investment Paul Cohen, who featured American Sierra Gold back on 11/05/09 has just issued a research recommendation for VHGI Gold. For the full report please visit Cohen Independent Research Group's Website www.grassrootsrd.com , or visit VHGI Gold's website, . .more by John G on December 10 2009, 16:43 Find this comment inappropriate? Report it |
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