The World's Top 10 Gold Miners by Value [View article]
Many gold stocks have dropped up to 90% and some have gained up to 300%, in a year.........If that's not volatile id like to know what you think volatile is?
On Jul 17 10:46 AM GMiki1 wrote:
> I wouldn't exactly say that bullion prices have been volatile. I'd > say "rangebound" or "consolidating."
Yes i agree most here are in the overpriced catagory and due a decent pullback. If you are analysing SA gold stocks then have a look at GOLD ONE (GDO), trades in SA and AUSand has Gold Resource +13 million JORC/SAMREC compliant ounces, immediately behind LihirGold in terms of resource inventory on the ASX.
This is a (new) low cost producer with large upside.
On Jul 02 02:02 PM Alan Young wrote:
> Based on P/E, none of these are bargains. You have to think the price > of gold will escalate substantially to get decent earnings.
i like the part where you say "Things are different these days", as in this time it's different! Thats what they always say, and they are always wrong!
Your statement that all gold stocks are badly managed sounds rather overstated, you may even get a dividend, god forbid! It always amazes me that some people think they will one day pay for their food or a house with a few gold bars, such a ridiculous theory.
Barrick is hardly a poorly run company, or Lihir gold for that matter. The main interest in gold buying ATM is because of default debt risk by European countries. Before you buy gold you should at least know why it's going up!
The World's Top 10 Gold Miners by Value [View article]
On Jul 17 10:46 AM GMiki1 wrote:
> I wouldn't exactly say that bullion prices have been volatile. I'd
> say "rangebound" or "consolidating."
Exploring Gold Miner Stocks: Mid-Year 2009 Analysis [View article]
This is a (new) low cost producer with large upside.
On Jul 02 02:02 PM Alan Young wrote:
> Based on P/E, none of these are bargains. You have to think the price
> of gold will escalate substantially to get decent earnings.
Gold Is Going to Gain [View article]
No Gold Bubble [View article]
Barrick is hardly a poorly run company, or Lihir gold for that matter. The main interest in gold buying ATM is because of default debt risk by European countries. Before you buy gold you should at least know why it's going up!