Field trip to promising Victorian gold play, Aureka Ltd

The gold price traded down to US$4,023, being a 9% fall over the week. We can sigh with relief at the recovery on Thursday and Friday, but there is no reason to say that it won't come off again next week. We are still guessing, seeing movements in the share market that are consistent with it being a short term bear market, exacerbated by end of financial year selling.

The main focus in this Weekly is Aureka Ltd following a field visit on Tuesday and Wednesday. Its value is under-appreciated by the market just now and the gold price does not help, but there is more upside than downside in the stock
 

 WeeklyComm13June2026copy2.pdf