Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Richard Mazzarella who wrote (38946)	8/13/1999 9:53:00 AM
From: Claude Cormier	Read Replies (2) \| Respond to of 116894

Richard, <<Claude, after watching resource stocks over the last few years, I have come to the conclusion that the only way to make significant money in them is to trade the gyrations. >> Well a past favorite is up 310% in a year and still has potential for anotther double or triple. We ain't trading we invest. Another one second favorite is up 110% in the same period. Ain't we think it will double and double again. We ain't trading either. For a junior to be a good investment (by investment I mean something you will keep more than 6 months but could sell soon after), you don't necessarily need rising metal prices. All depend on what price you pay for the junior and at what are its specifics. But I will admit with you that if the metals drop by another 25%, very few of these juniors will be able to perform. The question is: "Where are we in the metal cycles ?"