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Gold/Mining/Energy : PHILEX GOLD INC (PGI) - TSE.... Trading at under 30% book
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To: charred who wrote (63)12/21/2001 11:29:51 AM
From: Braincramp  Read Replies (1) of 86
 
IMHO I think investors will start to move into this market in 2002. The junior metals market is very undervalued at this time. As this is a very small sector it will not take many investment dollars to move it in a positive way. The total market cap for all the gold and silver companies is about a quarter of General Electric's. There is alot of money that the fed has created in the last while that needs a place to go and if even a small part makes it into this sector the returns will be out of this world. The best part is, the down side is minimal.
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