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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: ild who wrote (832)	4/25/2001 12:19:42 PM
From: Claude Cormier	Read Replies (1) of 4051

<People say that juniors move last, so it may be possible to book some profits from seniors and move money to juniors. What do you think? > True... assuming you have the good timing You will find good and bad stocks in all categories. Juniors will move faster if we get that bull simply because they are much more undervalued than seniors. Assuming a move to $350-$400, seniors will do on average 75% (more for DROOY and HGMCY), but many juniors will do several hundred percents. The question you should asked your self is how do I positioned my portfolio.. and this depends on both your expectations on future metal prices and your tolerance to risk. I like to have juniors because they are not only depending on the prices of the metals. Discoveries can and do impact on their price. The key factor when selecting them is to pick up those that have assets to backup their current market capitalization. I also like the high leveraged of the DROOY and HGMCY, but am worried of what would happen to these high costs producers if gold move to new lows and stay there for a few years.

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