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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (17179)	8/14/2005 11:18:25 PM
From: orkrious	Read Replies (1) \| Respond to of 18308

I dropped rating on stocks like PAA to a hold max...and for good reasons. Ridiculous market cap for the earnings they have...They will be fantastic stocks in the bull Most of my PAAS was purchased at an average of 5.65, including the cost of the Corner Bay that PAAS purchased. People didn't expect PAAS to go from $5 to almost 20 until it was 8 or 10. It's no different now, except that they are getting their costs under control. As for ridiculous mkt cap for its current earnings, stocks aren't valued on current earnings, it's their potential. They are going to coin money at $10 and $15 PoS. The chart looks great, and I'm a believer in the supply/demand dilver story. I don't care if it takes another six months. I'm going to be in for the big move. I can't put all of my money in ckg, ng, tk, bcm, ozn, etc. In fact, I feel confident enough in it to make it my biggest holding. As volatile as it is, it's not as volatile as the smaller exploration companies.