Valuation

Last time I went on a binge, it was so easy to decide. The ASX 200 plunged and took everything down. Meanwhile, the POG was exploding upwards. Why should gold producers be penalized. Hence I bought mostly gold producers. And even with the markets tumbling, those stocks are still profitable but not gold explorers which are still non-producers.

There are at least two current gold producers in my portfolios which the market is ignoring... SBL and BSR. Some find more gold and the market is still ignoring them!