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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: TheBusDriver who wrote (22701)10/13/2006 7:20:53 PM
From: Ed Ajootian  Read Replies (1) of 78416
 
Wayne, I don't think of these PM stocks as the "dark side", but I must say I'm finding it hard to figure them out. I think a lot of it has to do with the fact that the business model of a PM exploration company is very different from an oil & gas exploration company. With O&G you can often set your self up with what I call "bootstrap growth". That is, you spend some money, drill & complete your first well, then shortly thereafter you are already getting a return on that money. In PM, it almost never works that way.
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