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Gold/Mining/Energy : Francisco Gold - FGX.V -- Ignore unavailable to you. Want to Upgrade?


To: Nexus who wrote (757)5/3/2000 9:46:00 PM
From: Claude Cormier  Read Replies (1) | Respond to of 1907
 
Nexus,

I don't want to see PFG crash more than you do. What make you think this? I am just saying that in relative terms, FGX has everything to put in a better stock performance. That is my opinion and we can debate it if you want.

Both stocks can perform well in the coming months.In fact, I have admit that in number of ounces, Luchio/PFG will be hard to beat. But I simply think that FGX is a better buy than PFG. In other words, FGX/Marlin at 3M ounces might be will be better than PFG/Luchio with 6M ounces. The reasons: high grade, better infrastructure.

<<Why do you think it has such a high market cap. I'm sorry that you did not see it early and you missed out on big gains but it's probably not too late for you to make some good $$$. >>

Well mon ami, you know that we can't hold them all. I am pleased with the $$ I am making with my selections. For your info, I've been trading PFG for a while. I am just not as confident to hold it long as I am with FGX for now.

<<If I remember correctly, you have admitted lately that the fundamentals were catching up with the stock price>>

Indeed. But I didn't say PFG was undervalued and that there were no risks for it to move much lower.

This is not the case with FGX. It is at bottom prices and will move higher. At least this is my opinion. If you have any comments that can prove me wrong, I certainly would like to hear them.

<<I might soon be an investor in FGX if I feel it appropriate for my portfolio.>>

Well, that will be a good move I think. If you would like to hear about a silver play that I think is also very much undervalued, let me know, I will be happy to introduce it to you.