Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Claude Cormier who wrote (2179)	3/7/2002 9:23:30 AM
From: organicgerry	Read Replies (1) of 39344

As a relative newbie, I have a question to the thread. Why are the junior miners preferred? I see two advantages to the big cap miners like NEM: 1. When POG takes off, the funds and mass-market investors will pile into the big caps 2. The big caps are marginable and optionable. David Morgan, author of the silver investor is recommending the big cap miners now, once they move then he says the second and third tier will take off later. This is sort of a devil's advocate question, as I subscribe to Claude's newsletter and already own BAY, MFL,and FGX (thanks Claude!)

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