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 : Gold Price Monitor
GDXJ 105.33+5.2%Nov 26 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken Benes who wrote (49425)2/21/2000 4:27:00 PM
From: Enigma  Read Replies (1) of 116770
 
If production increases from 3.5 to 5 million over the next few years - without dilution - and with little increase in fixed overheads and from this low multiple to cash flow and earnings - the odds are high (almost 'odds on') that the stock price will be much higher as a result - the leverage for this is in place.

That's what investing is all about - especially as the price of Barrick is so depressed now. But the market will not be able to ignore increasing cash flow and earnings per share numbers. So a value investor who is looking for a liquid stock and who is interested in the gold sector should ignore the flack and look at Barrick.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext