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


To: DeplorableIrredeemableRedneck who wrote (93271)2/4/2003 1:57:45 PM
From: SGJ  Read Replies (1) | Respond to of 116779
 
The only problem here is the stocks arent responding. They are at the same prices they were when POG was much lower. THe expected exponential higher marginal effect on miner profits resulting from a higher POG that was guru touted for so long as the upward propellant to miner profits has not been priced into the shares. So are they undervalued now on a forward estimated PE basis? Never thought I would use that metric again. <G>
Are the miners gonna make the windfall profits at the higher POG?
I doubt it.