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


To: Ken Benes who wrote (48576)2/8/2000 5:07:00 PM
From: Enigma  Read Replies (2) | Respond to of 116764
 
I believe the last sentence to be academic or at best hypothetical. I don't have the data for 1993 - so have to guess that the multiple in 1993 was far higher than it is now. At the moment the market is not anticipating growth - but gold stocks are entirely out of fashion at the moment - and that is why the best ones like Barrick should be bought.
And will be.