Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: abuelita who wrote (6294)	9/13/2002 1:27:04 PM
From: Jim Willie CB	Read Replies (1) of 89467

with gold miners, reserves & resources dictate, not PEratio otherwise, how could a company be valued at anything, which holds mine properties that are not in operation producing gold hard physical asset firms are valued differently, as compared to fluffy companies selling soon obsolete products from soon leapfrogged Intellectual Property patents if you sit on a gold mine, it is worth big bucks when you begin producing, it is worth more when you accelerate production, it is worth even more the actual production level is a choice of management usually that decision depends upon metal price / jim

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