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

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To: loantech who wrote (61568)10/12/2008 12:17:52 PM
From: Claude Cormier6 Recommendations  Read Replies (2) of 78416
 
If gold double as this person suggest, all gold stocks will go through the roof as long as they have gold in resources or reserves. Junior producers with both will fly to the moon.

Imagine gold at $2000 and a stock like RIC which has a market cap of $50 M and selling 60,000 ounces of gold per year. They would have gross profits in the order of $1500+ per ounce or $90 millions.

I'll let you figure out the rest.

In my very humble opinion, it is now a certainty that gold will reach those prices and more. But I am a goldbug!
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