Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: organicgerry who wrote (2236)	3/8/2002 1:37:29 AM
From: Zardoz	Read Replies (1) of 39344

Are shares of Junior miners (i.e. BAY, MFL) much more risky than big cap (i.e., NEM, HGMCY) shares? YES, because NEM, ABX, PDG have an earning stream based on production levels.... MFL & BAY are more like options on properties, and only pay of if they hit pay dirt.... Few on any of the mining threads would buy options on ABX, NEM etc, but would throw thousands more into junior specs. not understanding the risk.

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