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


To: gold$10k who wrote (22063)10/9/2003 4:22:05 PM
From: jrhana  Read Replies (1) | Respond to of 39344
 
do you mean chicken money

as in chicken scratch

as in Pollo Tropical

as in Boston Chicken

as in the game of chicken as with James Dean in Rebel Without a Cause

as chicken as in chicken (ie coward)??

<g>



To: gold$10k who wrote (22063)10/9/2003 4:27:25 PM
From: TrueScouse  Read Replies (1) | Respond to of 39344
 
vt:

You're welcome! It's not as cheap now as when CC recommended it, but I'll be surprised if KBR doesn't run up another 50% if the POG goes to $420. And if they hit some good drillholes, anything can happen.

Mind you, if the POG goes to $420, a lot of the juniors should do this. I'm still using a multiple of about 4x for a *major* leg up in the POG. e.g. If POG goes from $370 to $420 = 13.5% gain, the stocks should gain about 4 x 13.5 = 54%. Incidentally, this multiple has been somewhat higher for the previous major legs up -- around 6x.

But also keeping a sharp eye on the downside... <g>

Best regards,
Howy