SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Ken Benes who wrote (38882)8/12/1999 1:38:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116922
 
Hopefully there are a lot of seasoned veterans on this site now and
people will be very wary of practically all of the juniors..
As for Claude Cormier thank goodness for the small inexperienced investor..his integrity has never ever ever been doubted..
So glad you are posting more often Claude.. thank you so very much for all your insightful posts..and I hope they keep on coming..
Although I still don't think the bull market has started in gold..
it is getting very close
"morgydog"



To: Ken Benes who wrote (38882)8/12/1999 2:15:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 116922
 
<<That script is verbatim from the past. It produced great profits for the promoter and some good traders, but most investors sucked in by hype lost out.>>

True. This is what happened.

But now that all stocks have lost 90% of their value, will you agree that their can be some solid companies in the bunch, companies that have:

1) large deposits that will be economic
2) no debt
3) cash and/or a solid partner financing the development

Then, why not invest in them ?

IMO, they are much better than the current producers who are depleting their current reserves and making very little profits because of low prices.