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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: marginmike who wrote (181297)7/19/2002 9:19:12 AM
From: orkrious  Read Replies (2) of 436258
 
I think miners are to expencive if gold moves modestly to 400 the shares will underperform POG

why? don't most of the miners have PE's of about 10 at POG 300? they certainly are leveraged to POG so they will have a huge increase in margin at POG 400.
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