WC Whiner

Cara's Stock of the Year for 2007: Crystallex

"Stock of the year"? I love me a junior gold now and then, and I salute you for the courage of making the prediction. I think you might even make a little scratch in US$ terms, since I think pressures on the dollar aren't about to relent.

That said, if I were to buy a single junior rather than a basket (and I don't see the point of not diversifying), it would probably be Greystar instead. Doing business in Columbia is no picnic, I grant, and GSL's deposit is at best half the size of Las Cristinas. However, there is essentially zero "Bolivarian" risk, and GSL's market cap is one-third of KRY's, which has outperformed by ~50% the last couple months.

Risk matters, as does valuation.

Crossposted to billcara.