Q: Hello Team,
I'm reviewing 2 of my holdings.
WGX - Do you still like this name as a long term gold hold or are there any other companies you would swap with. I hold LUCA as my only other gold stock.
ATH - Same question, do you still like this stock or any other names you would switch with. I hold CJ as my only other resource stock.
I'm okay with high risk high reward stocks.
Thanks
I'm reviewing 2 of my holdings.
WGX - Do you still like this name as a long term gold hold or are there any other companies you would swap with. I hold LUCA as my only other gold stock.
ATH - Same question, do you still like this stock or any other names you would switch with. I hold CJ as my only other resource stock.
I'm okay with high risk high reward stocks.
Thanks
5i Research Answer:
We are getting frustrated with WGX, certainly. In terms of smaller companies, LUCA and ARTG we think are better.
ATH we think is fine. While the sector struggles, it is very cheap and has significant leverage to any positive commodity moves. It is now debt-free and is buying back stock. We would be fine holding.