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Gold/Mining/Energy : GLD
GLD 370.09+2.0%4:00 PM EDT
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To: Tommaso who wrote (5)12/6/2004 12:29:08 AM
From: Nikole Wollerstein   of 74
 
This idea was mentioned few times at SF gold show:
Gold Mining companies are not very good at following gold price for many reasons ... and you cannot invest in one/two
I think as gold start outperforming shares that process just feeds on itself
But some juniors.... will be taken over with the premium because Gold mining companies will continue mine gold profitably and continue to run out off reserves
It is better to look at relatively late stage companies
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