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


To: russwinter who wrote (1442)6/21/2001 1:44:00 PM
From: Claude Cormier  Read Replies (2) | Respond to of 4051
 
<One reason I usually hesitate to invest in producers>

Let face it.. If gold is to stay in the $275 range for a long period, there are no producers that are good buys..(or very few). The only category of companies that make sense are the exporers that are looking for/developing something economic.

If gold is about to surge pass $300... again the junior explorers with large deposits that are on the border line of being economic are the most leveraged and the best buys.

Of course, if the producers get back the last fall prices or fall at least 25% from here...then they will be great purchases again.