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: jrhana who wrote (1052)11/22/2003 8:26:18 PM
From: Wade  Read Replies (1) of 48092
 
Hi jrhana,

I am not trying to compare over valuation of senior or junior golds at the first place. Secondly, Yes, this is not 97. Now, we see many same players using the same mine, touted the same stories as they did in 96-97. Some of the juniors are for real, of course. Oh, I forgot that I owned Pangea Goldfields, which was an excellent one introduced to me from a friend, sold to ABX in 98 as I can recall. As you can see from many discussions on other SI threads the records of the juniors were not so good. Were you in gold stocks during the 96-97 run? I told myself and many people using almost exactly the same words you just wrote at that time:
" .... would argue that the larger cap golds are over valued-that in fact well selected juniors represent better value."

In fact, how many % of junior gold stock investors made money? This has been my curiosity for years.

No doubt, there are many people made good fortune from the juniors. I am absolutely confident in your ability to own the well selected ones. Actually, I like all 3 of your junior picks. Just couldn't make decision which one to buy right now . But, I will be ready by tomorrow night.

BTW, <If POG goes to $250 all my juniors will probably go to zero also>

Well, last time POG went to $870. Many juniors went to zero as well. Just found this from my rusty memory archive.

Wade
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News