Lihir Gold Limited

By Intelligent Investor · 31 May 2002

By Intelligent Investor ·
31 May 2002

Lihir Gold (LHG) – $1.57: Since issue 103/May 02 (Speculative Buy – $1.42) Lihir has risen a nice 11%, although on speculative plays we tend not to claim too much credit. There was always a chance of the gold price going higher but we didn't know Placer Dome was going to throw in a bid for AurionGold so soon. In this market, it's a guessing game as to whom will be next. We're sticking with SPECULATIVE BUY.

IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.

Lihir Gold Limited

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