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Gold/Mining/Energy : Cartaway resources

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To: John Paquet who wrote (2032)8/15/1998 10:17:00 PM
From: G.T.  Read Replies (2) of 2505
 
No leverage to POG
John I believe your analysis will prove correct with companies leveraged to POG. When it comes to cartaway there is no leverage since they have no proven resource to justify paying a higher price.
Cartaway was higher due to the hype put on the SVB play and they were looked at as a cheap high risk dice roll, nothing more.
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