Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Aragorn1968 who wrote (536)	9/21/2005 4:37:22 PM
From: Claude Cormier	Read Replies (3) of 78419

Aragorn, Grass root exploration plays are extremely volatile moving up and down on demand from speculators or on good or bad news. Gold prices have barely nothing to do with them. Some juniors grass roots have gone from pennies to $20-$40 while gold was plunging 25%. Discover gold and you get premium in the gold stock, get bad results and your stock is dumped despite advancing gold prices. CGE is a grass root exploration stock. TK is a grass root exploration stock. BCM, VYE, CKG, OZN, CLG, ANO and so many others are developing gold assets, they are no longer grass root, but they were once. You buy a stock like ANO because it has gold in the ground and advancing gold prices help the stock. You buy a stock like CGE because it may find gold in the ground and then explode upward no matter what gold does. A balance portfolio will have stocks in these two categories. In periods of bull market, it will have also some producers. What will be the stock price of VYE or OZN..or... if gold moves to $600? What will be the stock price of VYE or OZN..or... if gold moves to $400? What will be the stock price of TK or CGE if gold moves to $400 but they find 2 millions ounces? What will be the stock price of TK or CGE if gold moves to $600 but they find no gold? Enjoy this bull..

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