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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: Chas. who wrote (6638)6/10/2001 10:32:26 AM
From: teevee   of 7235
 
chuck,

Regards the stock market and speculation thereof......
Real value is meaningless to a degree.......
Perceived value is reality.


Yes it is, at any given point in time, but often perceived value is either high or low relative to a measured value based upon certain variables such as share capitalization, costs, commodity prices, debt, time value of money etc. Isn't that where there are investment opportunities-the diference between perceived and measured value? Actually, measured value might be too conservative...I much prefer Gord Bolton's comparative valuation method:-))gggggg

cheers,
teevee
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