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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Richard Mazzarella who wrote (65088)3/8/2001 1:15:18 AM
From: goldsheet  Read Replies (1) | Respond to of 116753
 
> One based on expectation of P/E and another which is speculation on POG?

Sure, there are as many kinds of gold stocks as gold investors and speculators.

One would expect the large cap gold stocks (XAU type stocks) to be priced more for the fundamentals and have higher liquidity with funds more likely to buy them (investments).

Stocks like DROOY are being traded more like highly leveraged call options on gold than stocks (speculations).

The real fun is picking good stuff in the mid-caps, good old fashioned stock picking which will pay off.
Claude Cormier, Russ Winter, and I have have mentioned quite a few with substantial agreement.

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