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: Enigma who wrote (50933)3/30/2000 2:12:00 PM
From: long-gone  Read Replies (3) | Respond to of 116762
 
you forget how much of this market is strictly T/A based. It can't do better until it does better(as stupid as that sounds).



To: Enigma who wrote (50933)3/30/2000 3:40:00 PM
From: goldsheet  Read Replies (1) | Respond to of 116762
 
Homestake's cash flow was .45 cents last year, and most producing gold stocks are trading at 9-10 times cash flow, which would justify a price of $4.00-4.50. Obviously, folks must be expecting 60-75 cents of cash flow for next year and/or factoring in the fact that HM reserves are priced at only $40 per ounce (NEM=50, ABX=90). HM is cheap, but it might get cheaper before going up agian.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News