Spot gold may be at 7 year high in USD, but spot gold is at all time high in MYR, RM6188/ounce.
The previous high was about 8 years ago on 2nd September 2011, at RM5579/ounce.
Therefore, despite Bahvest (0098) recent downtrend in price, i believe its worth a punt. They have mined 378kg of gold since beginning in August 2018.
https://www.theedgemarkets.com/article/378kg-gold-worth-rm65m-extracted-tawau-gold-mine-%E2%80%94-cm
Who knows how high gold price may climb? There is no precedent.
Happy investing!
https://klse.i3investor.com/blogs/techfullybrewed/218377.jsp
