SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wade who wrote (993)11/10/2003 8:35:41 PM
From: Andrew  Read Replies (1) of 48092
 
Well gold is up another 1.70 so far tonight.

I believe some of these are pricy, there is froth here IMO, but there is still some value. The fact is that gold stocks, mainly the producers mostly make their best gains ahead of the gold price.

I think you are 100% right and I am in your camp that money should be rotated to the XAU type stocks.

Kinross was the weekest stock I own today and PDG was down also, perhaps a bit of the NEM buy out spec coming out. Still PDG is starting to be priced more fairly relative to its peers.

The others I own all hung in ok In fact my PF was up 2% because the 2 juniors I own, AZS and NSU were both up nicely.

Its good to be diversified although I am a bit heavily wieghted to NSU. It continues to go up so I continue to hold.

IVN.TO and IE.TO both look very pricy. This type of froth
is what kills these markets everytime.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext