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

To: re3 who wrote (47077)	1/14/2000 3:30:00 PM
From: Enigma	Read Replies (1) \| Respond to of 117047

Misread you - but Franco is pretty seasoned to be a four bagger - not that it isn't a very good situation.

To: re3 who wrote (47077)	1/14/2000 4:11:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 117047

Boy, you sure like negative volatility to suggest that Franco is better then ABX. Considering Franco is a royalty company, and not a producer; they will in lower price structures face more closures on more properties then ABX. They are very area confined. ABX can shift production to lower costs mines. Even with all the merits of ABX, at these prices, I'd not be a buyer at this time. But then I feel that a further decline in price of gold is likely. But at this point in time if you truly believe gold is due for an upswing, PDG {I own no gold stocks} is the better buy. Companies such as TVX, Kinross should have negative price moves this summer. In deed, many small to mid mines may not survive. Companies like NEM which were held up in price due primarily to silver, have now backed down. It's possible that a New 20 year low is plausible this summer. I still do not expect to see $300+ gold this year. bigchart.com ADD ca:pdg ca:fn Hutch