Thistle Mining (THT.TO) Buy, Sell or Hold

Thistle Mining (THT.TO)

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TOP PICK

Has been beaten up because of the strong South African Rand. Likes management strategy. Their Philippine asset looks quite promising. A good leverage play on gold.

TOP PICK

Has some small production in Kazakhstan and South Africa. The chart is indicating a symmetrical triangle and if it can break through $.75 or $.80, they could reach $1.50.

BUY

Not one of the major producers.Has retired most of its long-term debt and its hedge book.It is now leveraged in the event the price of gold increases.Investors are starting to be interested in it.

BUY

Price is low because its in South Africa and the Rand is hurting. Should do well with any rising gold price environment.

BUY

Interesting mine. No debt.

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Thistle Mining (THT.TO)