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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: IngotWeTrust who wrote (2897)11/14/2001 1:31:16 PM
From: IngotWeTrust  Read Replies (1) of 4051
 
NEMs Murty said about 4 bullish things in his CNBC interview a few mins ago:

1) for every $25 rally in the price of gold it lifts earnings $162,000...if y'all run the calculations and decide what that means per share, price wise, tucking away this fact should make writing put strategies like taking candy from baby.

2) His opinion, gold bottom 2-3 years ago...and this newly merged company will be making money at this POG level without any rally needed in POG

3) His opinion, gold is poised for a "significant move higher in next 3-5 years"

4) Merger has support of Normandy board which means something under Aussie mining/securities laws...a definite advantage that Anglo doesn't enjoy at this time.

gold_tutor
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