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Non-Tech : The Woodshed
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To: TheSlowLane who wrote (35190)12/2/2005 12:12:26 PM
From: patron_anejo_por_favor  Read Replies (1) of 60914
 
I agree...Embry nailed it. One reason juniors are better buys is that higher energy prices will continue to crimp profits in the majors. Since many juniors are non- or minimally producing, it's less of a concern; they're not as dependant as the majors on actual production and are often more of a reserve play. Many juniors are a good value here, many seniors will require higher prices to become a good value, but are fairly valued right now. Despite gold doubling in the past 5 years, where are the earnings in these?
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