Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
You will note from the disclaimer that FIML now owns a few Kefi Minerals (KEFI) shares. Following the recent placing with Odey backing it big time this play is de-risked and we want a bit more gold exposure. Here is the presentation by Harry Adams from Gold & Bears. Enjoy.
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Comments
BobbyChariot
Hope it comes good for KEFI, been waiting ages for the Saudi licences to kick off but nothing has happened. You’d think the Saudis would want to diversify from oil production to balance the economy in case of low oil prices like now. Wonder how long gold will be above $1000 for? Just dropped 10 dollars in an hour after the slght pre-Fed rise yesterday.