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Politics : Gold and Silver Stocks and Related Commentary
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To: seventh_son who wrote (4569)1/29/2005 3:03:00 PM
From: seventh_son  Read Replies (1) of 18308
 
I should mention, when you absorb the statistics, the outlook for gold looks very strong -- ownership is low and potential for greater demand is high. That is why I think that GRZ is so cheap, valued at $12 mkt cap per P&P reserve ounce; even if the IRR is only marginally favourable at $400/ounce, the upside potential with higher gold prices is huge.
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