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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (1029)11/20/2003 9:19:55 PM
From: Wade  Read Replies (1) | Respond to of 48092
 
Hi Jake,

I do not know if you own other gold stocks. But, I think Andrew feel that ABX is "too slow"<G>. And, I agree with him.

Wade



To: JakeStraw who wrote (1029)11/21/2003 4:37:23 AM
From: Andrew  Read Replies (1) | Respond to of 48092
 
Personally I prefer PDG over ABX out of the senior producers.

Better growth prospects IMO. ABX has been going the other way stating that production will fall by about 10% next year.

chart.bigcharts.com

Compare a chart of these two over a year, ABX is a laggard. The market has woke up to PDG and their undervalued stock. Now it has momentum. I read somewhere that it has moved into 4th place in the world by market cap out of gold stocks. Latest quarter showed record production and better than expected results. Seems like mangaement has really turned this one around.

Here's a chart compared 5 majors. I own GG and PDG.

chart.bigcharts.com