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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: Claude Cormier who wrote (1826)8/9/2001 11:33:13 PM
From: TrueScouse  Read Replies (2) of 4051
 
<<I am thinking of gold at new highs in the second half of this decade with the stocks you mentioned at prices 1000-2000% higher.>>

I'd prefer the first half of this decade, if you don't mind <g>.

<<Anything that has between 2M and 4M ounces fg gold equivalent and selling for market cap near $20M is a 10-20 bagger with gold at $400-$500, so imagine if we get to a new high.>>

I couldn't agree more.... and I'm also looking for 10 to 20 baggers with this sort of increase in the POG (i.e. to $500). But I'd be taking half profits there (or earlier) and hoping for *much* higher multiples if gold does go to a new high. e.g. At $900 gold, I would see CBD at more like $80 than $20 !! Do you think this is unreasonable?

Regards,
Howy
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