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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: AC Flyer who wrote (19759)6/13/2002 3:54:26 PM
From: lisalisalisa  Read Replies (2) | Respond to of 74559
 
HGMCY earned .34 cents a share with gold at 292 last QTR.

.34x4=1.36 (this assumes POG 292) at a 10 PE that would be 13.60, with no profit growth due to gold price increases, or increased production.

Today HGMCY is at 13.02

If you think gold is going up, HGMCY and many others are cheap...