Gold stocks hit by some selling

GOLD equity investors kept their distance from the ASX patch on the day Saracen announced its A$1.1 billion Super Pit stake deal. Hopefully for the bulls the lack of interest is a function of the relatively softer bullion price at present (or investors cashing up for Saracen’s fund raising), rather than reflecting concerns by investors of gold miners doing the sort of deals that have, from time to time, signalled the top of the market.

Gold stocks hit by some selling Gold stocks hit by some selling Gold stocks hit by some selling Gold stocks hit by some selling Gold stocks hit by some selling

Gold pour from Super Pit mineralisation, WA

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