MoneyTalks: Arlington’s Simon Catt says his top sector picks for 2022 are gold and uranium

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MoneyTalks is Stockhead ’s regular recap of the ASX stocks, sectors and trends that fund managers and analysts are looking at right now.

Today, we hear from Simon Catt, director at Arlington Group Asset Management. Gold is hot right now

Catt said that his first pick for 2022 is Wiluna Mining Corporation (ASX:WMC) which has a market cap of $120 million.“Strategic shareholders from Russia and Germany seem to agree this is a very serious gold asset,” he said.“The Germans and Russians have backed Wiluna in a $53 million equity raise on the eve of commissioning its new 100,000 ounce pa underground gold mine and concentrator in the northeastern Australian goldfields.“Two high profile Russian gold industry players have joined German billionaire Thomas Zours at the top of the Wiluna share register.”Catt said that tier one global gold producer Polymetals – which will […]

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