SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (25653)1/15/2003 2:00:26 PM
From: gold$10k  Respond to of 36161
 
Hi mishedlo,

<<Right now the market does not seem to care for it, but does not seem to trash it either.>>

My view is that sentiment overrides fundamentals in the short term and that most of the good news that comes out during a correction or consolidation will have little effect until the sector is ready to rise.

Didn't we use to talk on Yahoo way back when (my handle was WileyInvestor)? At any rate, glad to have you here.

vt



To: mishedlo who wrote (25653)1/15/2003 2:23:06 PM
From: Eva  Respond to of 36161
 
Misheldo
In my opinion a requisition always takes some time till it is digested. I find this news very good for the stock.
<<<will enable Wheaton River to be in a positive net cash position by December 31, 2004.>>>

With a higher POG, this might be earlier!
FWIW
Eva



To: mishedlo who wrote (25653)1/15/2003 5:58:36 PM
From: Frank Pembleton  Read Replies (1) | Respond to of 36161
 
mis... I haven't run the numbers yet, but having debt on ones balance sheet isn't necessarily a bad thing. Normally I look for it, a debt/equity ratio between 40 to 60 percent will certainly give a speculator a "hotter" play than one without any debt at all. There's nothing wrong with a company using other people money (opm) to make money, they call it leverage.

I'm sure the markets would of reacted differently if the PoG was challenging $360 rather than $350. They really need to do a reverse split, I'd be more interested in day-trading it- that's for sure. But having said that, if you're gonna grow, do-it now! Thumbs up from me, for now, at least until I read the fine print.

Regards,
Frank P.