MSB,
First let me say I don't hold PDG.
Second, you know, there were a lot of miners that have been showing a "turn around" (in-spite of low alltime prices) that have still been rated a "sell".
Third, the very few that have spoken about investing in gold mining have largely been dismissed out-of-hand. As(their words) "no precious metal or mining activity can ever again show a profit".
Next, there has been a media bias that has painted even the greatest
economic minds and investors of all time (Greenspan, Buffett, Sorros
Lynch...) as old fashioned or even a little crazy to not believe in "The New Paradigm" and to continue to have anything still in gold(Hell, even though Jim Rodgers of CNBC has never gone to a gold buy,though he says he "holds a little").
Lastly, if the movers & shakers have changed to "allow" a light investment in any member of the XAU every member of the XAU will in time win, so I must say "GO PDG".
Yes, see my posts to Ted David when my near term favorite got no press over a 99% upside surprise last quarter! This whole media investing circus has me madder than everything!
rh |
