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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: d:oug who wrote (91519)12/2/2002 1:24:08 AM
From: E. Charters  Read Replies (1) | Respond to of 117013
 
So lets examine what the cash is king investor gets from anywhere else.

1. Enron.
2. Dot Coms
3. Standard US business.. 50 times earnings stock. 1% dividends. Has to go up of die. Chances. Nil.
4. Goldmines that "MIGHT" find ore. It has to go up. What does he buy at usually? The top value of its 5 year curve or the top of the distribution chain at 1.50 a share with 30 million shares out.. Chances of real gain? Maybe 10%.

What do you get if you buy a no bullsh*t gold producer at the BOTTOM ofthe distribution at maybe 40 cents?

1. appreciation of 4 times the equity value by production.
2. Dividends of 10% of that 4 times. Equal to 40% per year of what he originally invested.
3. A stable selling market to pool out of within 1.5 years.

We don't have to suck wind. We don't have to bull anybody. Prove it? Don't rag me. It is there. If you like the story of former producers and one ounce veins it has to be 15 times better than all the maybe drill plays in all the land where they give you one choice A high price of the stock, that they put ten cents into 3 months ago, or go chase yourself.

So those are your choices. I have the story and the gold. Everyone else fools you. So go talk to them and get fooled.

EC<:-}