Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who wrote (3171)	4/21/2002 4:30:01 PM
From: Claude Cormier	Read Replies (2) of 39344

<I do think the hurdles to be met on the higher cap juniors are going to get tougher however. > I agree. The MFL's and BAYs will need higher metal prices to double and triple again. But the risk of a 50% loss or more no longer exist unless gold and silver retreat to new lows. And if gold and silver move higher, this bunch will have the best performance. I like very much GNG, IMR, SUL and others... but I do not believe these stocks move with the metals. They move on results expectations and come down fast when results are not as expected. I certainly like them in a portfolio but cannot see how I could justify having big stakes in them. BTW, NDT now looking at new Nunavut plays... it will be fun again to own it as a specs. Selling for near cash.

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