Strictly: Drilling and oil-field services Message Board

STOCKTALK

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 : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Roebear who wrote (88284)	3/1/2001 10:54:26 PM
From: Big Dog	Read Replies (1) of 95453

The FCX pref B is doing pretty good, coming from around 17 not too very long ago to 20+ today. This is the one that 'matures' at 10% of the gold price (I think in 2007, but could be another year). In other words, if gold stays at 265, this stock will be worth 26.50 at maturity, and pays about 5% dividend all the while. I like it...bought it at 17-ish some time ago, watched it go to 22-ish and back down. To me it's a pretty safe way to play gold. Plus $20-gold plain date coins from circa 1900, which I adore as a hedge against economic meltdown, or worse. Ya never know! big

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next