Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (32710)	4/30/2003 8:20:08 AM
From: TobagoJack	Read Replies (1) of 74559

For anyone who still gives a hoot about the precious one money that rules over all cash: I got this in e-mail, quoting a news letter ... "I subscribe to one newletter which specializes in Gold. His primary valuation techniques are the Market Cap to Proven and Probable Reserves (Avg being = $89/Oz) and Market Cap to Forecast Production(Avg being = $1,230/OZ). The averages are for, pretty much, the total universe of gold shares. The gold shares I like are listed below with their respective valuation. Newmont $128/Oz & $1,504/Oz Kinross $141/Oz & $1,089/Oz Anglogold $91/Oz & $1,012/Oz Goldfields $62/Oz & $1,105/Oz Harmony $46/Oz & $732/Oz Iamgold $171/Oz & $1,466/Oz Durban Deep $28/Oz & $448/Oz" Chugs, Jay

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