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


To: Stephen O who wrote (1125)5/27/2001 10:50:35 PM
From: Andrew  Respond to of 4051
 
# of shares out means nothing IMO. Market cap is what counts.

However, psychologically its easier to accept a 16 cent stock doubling to 32 cents then a $1.60 stock to $3.20.

I agree rollbacks just bring out sellers/shorts.

cheers,

Andy



To: Stephen O who wrote (1125)5/27/2001 11:19:40 PM
From: Bruce Robbins  Respond to of 4051
 
A double is a double regardless of where you start <g>.



To: Stephen O who wrote (1125)5/27/2001 11:20:50 PM
From: tyc:>  Read Replies (2) | Respond to of 4051
 
I calculate that for every $1,000 invested in BHK at today's market prices, BHK last year produced 4 ounces of gold. I think that is a good basis for comparison in mines. BHK shows better leverage to the price of gold than any other stock I know; but of course I don't know much.

Please check my calculations.