Monday, August 22, 2011

The Swedish Kroner and gold

Seems to me that it'd be really good to find a small gold mining company that's operating in Sweden and benefitting from the new trend in local currency, while at the same time making something like U$900/oz margin from every ounce it sells. Not only that, but if its annual gross margin added up to about half its market cap right now the stock would be a raging, no-brainer type buy, wouldn't it?

Anyone know a company like that?