Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Gary H who wrote (19604)	9/8/2003 3:29:55 AM
From: Andrew	Read Replies (1) \| Respond to of 39344

From a PE ratio and dividend yield viewpoint G and PDG look like the best value. Goldcorp actually pays the highest yield of the bunch. Also G's earnings would be even better except for the fact they are withholding some gold sales each quarter. From their last quarterly.. <<The improvement in Earnings occurred despite 14% (21,648 ounces)of our gold production being withheld from sale.>> <<Goldcorp's Balance Sheet continues to be exceptionally strong. The Company remains Debt-Free! Goldcorp's liquid treasury assets had a market value of $353 million at June 30, 2003 and consisted of: Cash of $200 million, Gold Bullion of $85 million and Marketable Securities of $68 million. The value of treasury assets increased $23 million during the quarter.>> I believe G and PDG are potential targets. NEM while of the highest quality is overpriced relative. One may be able to argue that it commands a higher valuation for a variety of reasons. ABX I wouldn't look at twice. K, I have owned it many times and will again. Lower quality higher cost producers seem to have the most leverage.