From a diversified portfolio perspective I already have too much invested in what is a speculation for me due to my ignorance of gold and gold mining but sorely tempted to double up and become a momentum investor in Australian gold producers. My understanding is that EVN, NCM and NST are the larger companies so I invested in them initially. I also have RMS which has done well of late but was sitting in a bottom draw for a long time.
Any recommendations for a scattergun approach to investing in Aussie gold miners. More of the same is my current thoughts (EVN, NCM & NST) but there may be other well established aussie companies with large reserves in safe political geographies.
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