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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (760)	4/18/2001 7:51:51 AM
From: russwinter	Respond to of 4051

<Re: FN: is it worth selling calls on it at this level?> Should be core holding and ought to really take off in a gold rally. I wouldn't write calls, and depending on the premium (I'm guessing low) might be a call buy. FGX: I been trying to pick it off below 5.00 like I did last time it was here, and it really doesn't seem to be for sale? Here is Brent Cook's 1999 report on ELD (another ridiculously priced stock). His comments on Turkey and Kisladag are interesting. The only thing that has changed since is that the deposit is up to about seven million ounces versus a couple mil when he wrote this. And the stock has been halved. Assigning nominal value equal to ELD's enterprise value (US 35 million @ 34) to San Bento, I'd say these advancing Turkish deposits are free at this price. gril.net