Seeking Alpha
  • Michael Bryant
    Instead of owning gold mining stocks via the Market Vectors Gold Miners ETF (GDX), why not own the actual stocks, like Midway Gold (MDW)?
    12/7/11
    Reply (9)
    • johnybutts: I'm into PPP and GPL
      12/7/11
    • nasalpancho: Because you heighten your risk by holding individual miners?
      12/7/11
    • Michael Bryant: Yeah, I know about the increased risk. But you still have to pay management fee with the ETF.
      12/7/11
    • Michael Bryant: Primero Mining (PPP) is a gold miner, but Great Panther Silver (GPL) is a....well, silver miner.
      12/7/11
    • johnybutts: Sure, both have a common theme though. I bet you can guess what it is. Two words, starts with "precious".
      12/7/11
    • losbronces: MB: Look what happened to AEM, great quarter then geotechnical problems @ a key mine. Mining is risky, more or bigger miners less risk...
      12/7/11
    • losbronces: also less potential reward of course. But if you get the wrong one, one incident can knock you down 30% or more.
      12/7/11
    • Husky Financial: I think if you are to own either GDX or GDXJ you need to look up their Top 10 holdings through your broker.. you'd be surprised
      12/7/11
    • rick flair: i love em, but are performing extremely poorly, given the circumstances...
      12/8/11