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237128 No.237128 [Reply] [Original]

What are some good metals equities on the ASX worth looking at?

>> No.237138

bump.

>> No.237139

Why are you going into metals and not standard equities? Tell me what your investing thesis is here and I can give you some guidance.

>> No.237161

>>237128
FMG

A genuinely better company than BHP and RIO, and they're escaping the low iron price at the moment. It'll be a slow build, but it'll get to about 5.5 eventually.

At the moment gold is at a low, lower than I thought it'd be, but as low as the big bankers in America said it'd be, so I doubt it'd get lower. About now *might* be the time to invest in gold, like NCM or NST. NST is a better company than NCM, but NCM have some strange behaviour you might like, like rising during a gold price slump.

>> No.237164

>>237139
well, i'm just wondering since gold is going down here, maybe i should buy into it.

>> No.237168

>>237161
https://www.google.com/finance?q=FMG&ei=IgwxU5mVIMKMkgXKtAE

bretty gud, i think they're recovering right?

>> No.237170

>>237168
Very, very slowly. They'll likely lose a few percentages tomorrow to correct the gains of today. Don't expect a get rich quick scheme, that was gold stock on Feb 28.

>> No.237175

>>237139
>standard equities
FUTURES ARE KING!

>> No.237176

>>237175
Standard are more fun.

>implying I give a fuck when I lose hundreds in a day