GOLD-XAU Message Board - Msg: 3026596

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Gold/Mining/Energy : GOLD-XAU

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To: Don Green who wrote (834)	12/22/1997 8:30:00 PM
From: LesX	Read Replies (1) of 1756

Let's face it, noone knows or can even guess where gold is heading. I DO know gold stocks are at big time lows in comparison to recent history. I also know that mining companies are desperately trying to get their production costs down. Assuming gold rallies, these low priced gold stocks with lower production costs will also rally in proportion to the delta between gold and their new costs. It doesn't take a rocket scientist to figure out that you might as well put a few poker chips on these stocks just as the company insiders are doing. Besides in this questionable environment what else is there?

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