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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Perspective who wrote (216417)1/24/2003 1:11:25 PM
From: patron_anejo_por_favor  Read Replies (3) of 436258
 
<<Interesting how GG has soared to the very point that there is no leverage whatsoever remaining to the price of gold vs. owning the gold outright. But, you still get about 3x leverage on GFI, 4.5x on NEM, and roughly 6x on HMY and DROOY. Of course, we are not considering the potential increase in production that a higher price would yield, as additional operations may become profitable at higher prices.

Does this all make sense?>>

It does, and that's why my long term core miners are HMY and DROOY...
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