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Gold/Mining/Energy : Silver prices
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To: ForYourEyesOnly who wrote (1517)1/4/1999 9:55:00 PM
From: Claude Cormier  Read Replies (1) of 8010
 
<<But can you imagine a scenario where a mining stock investment of $1000 could produce a profit of $1,000,000 on a silver rally to $17? >>

Impossible of course...but I can see a few 50+ bagger..possibly more with effective use of margin.

I am already positioned in silver stocks and don't care about timing. All I know is that we will see $17 in the years ahead.

OTOH, options players will most likely be late or too early more than once while building that pyramid, making the $1M target an illusionary one. Not so with stocks.

CC
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