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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: Mr. Aloha who wrote (25454)11/14/2006 7:56:49 PM
From: Claude Cormier  Read Replies (1) of 78409
 
Well these are not that cheap. ADA is selling near a ratio of 4.0 or so based on its cash flows at $1.50 zinc. If zinc collapse, ADA will have to come down unless they find mucho gold (which I admit is a very good possibility). As for MGM, we don't know yet how they may produce in 2010-2011 when they come online. So it is way premature to talk about CF.
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