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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (3163)4/21/2002 11:29:21 AM
From: gold$10k  Read Replies (2) | Respond to of 39344
 
Russ,

How is buying GNG based on drill expectations so different from buying advanced stage explorers based on POG expectations? How does one compare the probabilities in the two cases? The days of MFL @ C$1.00 are gone and all we can do is decide which investments have the best risk/reward. I am thinking that perhaps the risk/reward on the POG does not justify the 80-100% PM asset allocation that I have been using.

Now that I've said all that, the POG will make a clear breakout tomorrow. <g>

Regards,

vt