GFI: Bought at market open - Huge potential, great fundamentals$GFI is an optimal pick when it comes to gold miners. The valuation is very good, and growth exhibited by the company this year exciting. The situation in South Africa has scared investors away, but I believe it will be a very interesting trend going forward. At the same time, this play serves as a risk off bet, which is welcome in the current enviroment. We are long with a 10% position from 14.09 as of today's open.
Best of luck if joining me on this trade. The monthly trend is potentially up, and there is a chance to confirm a rally to considerable heights by the end of the month.
Cheers,
Ivan Labrie.
