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Gold/Mining/Energy : Great Basin Gold GBG.VSE (merger of Pacific Sentinel Gold) -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (167)2/25/2001 3:18:46 AM
From: baystock  Read Replies (2) | Respond to of 317
 
Better to be sniffy than cocky, or is it just enigmatic ? Why settle for a POSSIBLE 4-5x gain (and this projection is a bit of a stretch) with risky juniors when you can get the same or more with solid gold mining companies like Harmony ? After this long bear market in gold stocks I am more concerned in return of my capital than return on capital. A 5x gain on a stock that also has 80% downside risk is no where near as good a bet as one with 5x upside and only 15% downside.