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


To: Jane4IceCream who wrote (2635)10/8/2001 6:27:25 PM
From: goldsheet  Read Replies (1) | Respond to of 4051
 
Personally, I tend to go after gold stocks with good current production profiles who can generate cash flow and earnings at current prices and do not really invest in marginal firms whose future depends on a gold price rise.

DROOY is the most marginal of SA golds, and I almost think of it more like a call option than a gold stock. Since I do not think gold prices are going to rise much, I wouldn't buy DROOY. If you think gold prices are going to rise substantially the DROOY is a good choice for you. No one gold stock is ideal for all investors.