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Gold/Mining/Energy : GLAMIS GOLD - GLG -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (297)2/25/2001 7:35:47 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 459
 
Wayne, I don't know the exact day gold will make the big move, but I do know it will come. My hedge for sloppy POG is to buy a gold like Glamis that can put positive earnings on the table even in a poor POG environment. Glamis hasn't been able to do that in the recent past, but that's about to change. Positive GLG earnings will become fact not fancy. The market can then value Glamis on earnings and have the security knowing GLG will survive for some time, even in a poor POG environment. Look at the facts: No debt, low cost production, positive earnings potential, no insider selling, undervalued, and probable POG increase. If those are not good enough reasons to own Glamis, what is?