SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (535)10/7/1999 8:55:00 PM
From: Wade  Read Replies (1) of 48092
 
Sam,

PDG, ABX and ASL all have large amount of gold sold forward. The recent rally is way too fast for them to adjust those positions. Many people assume that these companies will be in very bad shape if the POG keep on moving up. However, they should be in very good shape if the POG stay at this range for the next few years. It really depends on your thinking. Most people are over reacting on minor influences. The best move is to buy low and hold for a few years. The recovery of POG just begin, imho. All dogs go to heaven. Good luck.

Sincerely,
Wade
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext