zAngus

$AQG:ASX - ALACER GOLD - Good momentum

Long
zAngus Updated   
ASX:AQG   None
I've been looking for more exposure to Gold with some of the economic uncertainty about and Alacer has been having a good run since the start of the year. It's a billion dollar company with a good EBITDA and turning a profit so hoping it will continue its run. Indicators look good for now. Might be worth a watch.

Alacer Gold Corp (AQG) is low-cost gold producer, with an 80% interest in the Copler Gold Mine in Turkey operated by Anagold Madencilik Sanayi ve Ticaret A.S, and the remaining 20% owned by Lidya Madencilik Sanayi ve Ticaret A.S.
Comment:
Nice 45% run so far before a bit of a pullback. Could be better value again and worth a watch for top up or entry.

Comment:
Might be 10% or so in here if a bit more volume comes in.


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