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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Ken Benes who wrote (38881)8/12/1999 2:09:00 PM
From: Claude Cormier  Respond to of 116942
 
<<I think you are going out on a limb with the $400.00 gold to support the thesis that you can make a killing in the junior market.>>

OK take $325 if you want...

<<To project this move as the first step towards 400.00 and massive profits in the junior market is doing this board a disservice.>>

Ken where do you see that I said that.

As far as I am concerned I am talking gold $400..eventually. It could be in 2002-2003. The leverage plays the same.

<<First things first, let this move play out, which at the moment is
translating to some nice profits to the highest quality seniors.>>

Well my favorite junior SWG is matching Harmony's performance in the last year. One other favorite has clearly outperformed any of the quality seniors.

The truth is that there are high quality juniors as well.

Again, It is not the size that counts but the balance sheet, the resources and the potential to sustain low metal prices.


The real leverage in gold stocks:

gold-eagle.com