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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (43230)7/9/2011 10:45:10 PM
From: geoffrey Wren  Read Replies (1) of 78666
 
Sold TC yesterday?

Going the opposite direction of my inclination. TC will be a nice stock to be holding in 3 years provided that gold is still over $900 then. But that is true about many gold mining stocks, which is what TC is moving into. In the meantime they continue to make money on their existing moly mine.

My main hesitation is that it will be awhile for the new mine to come on line and the stock may be "dead money" until then. But I am likely to buy a stake in 2011 because I want to be in before the moving starts.

Another mining stock to watch is Mosquito, Canadian. MSQ.V. Massive mine with moly and silver and copper and some rare earth metal deposits if they can ever get it off the ground.

Mining stocks generally do not interest me, but now there appears to be some value in them. Either gold, silver, and copper are bubble-priced now or some of the mines are quite good values.
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