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Golden returns likely for service providers

“Pickaxe” investment theory is returning to the mining industry as analysts re-discover a value gap opening between companies doing the mining and those selling services, such as drilling.

Golden returns likely for service providers Golden returns likely for service providers Golden returns likely for service providers Golden returns likely for service providers Golden returns likely for service providers

Ausdrill gold exposure highlights potential value upside

The gap is a cyclical event which sees a lag between the improvement in commodity prices which lifts miners, and a slower reaction by service providers, with gold the best current example of the value

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