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 : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (597)	3/8/2000 11:49:00 AM
From: jocko	Respond to of 48092

Thanks Wade, No Seniors but I have a ton of MOA-V & they have been picking up Diamonds like kids in a marble field :-) mountain-lake.com

To: Wade who wrote (597)	3/26/2000 9:26:00 AM
From: Robert Dirks	Read Replies (1) \| Respond to of 48092

>>>The biggest bargain, by this measure, is gold miner Placer Dome Inc. (PDG/TSE). At the end of 1996, its share price was 51 times expected earnings for 1997. At Thursday's closing share price of $12.50, Placer's P/E was roughly 20.<<< Saturday, March 25, 2000 Big bargains seen among TSE's large caps Shrinking p/e multiples Paul Bagnell Financial Post A leading Bay Street strategist has a message for investors awestruck at the Toronto Stock Exchange 300's brisk trek to 10,000 points: Most of the exchange's large-cap stocks are cheaper now than they were three years and 4,000 points ago. In a report yesterday, George Vasic, research director at Bunting Warburg Dillon Read Inc., said most stocks in the TSE 35 index are trading at smaller price-to-earnings multiples than they were at the end of 1996. He called the trend "staggering." Mr. Vasic's report came on the first day the TSE 300 closed above 10,000. The index finished at 10,052.68 points. At the end of 1996, the TSE 300 stood at 5927.03 points. The TSE 35 includes the exchange's biggest companies, measured by market value. It has grown to 530.40 yesterday from 315.15 at the close of 1996. P/E multiples are a measure of how much the stock market is willing to pay for a company's future earnings, as forecast by analysts. Stocks trading at lower multiples than their peers, or compared to historical precedent, are often identified as undervalued. Of the 32 stocks in the current TSE 35 that were in the index at the end of 1996, 22 have lower multiples now than then. "The incredible result is that there are more bargains now, in our opinion, than there were three years ago," Mr. Vasic wrote. The biggest bargain, by this measure, is gold miner Placer Dome Inc. (PDG/TSE). At the end of 1996, its share price was 51 times expected earnings for 1997. At Thursday's closing share price of $12.50, Placer's P/E was roughly 20.