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


To: Beachside Bill who wrote (5394)6/13/2006 3:11:21 PM
From: Louis V. Lambrecht  Respond to of 48092
 
I don't care "bubbles". I value PM properties at 10% value of what )is supposed to be) in the ground (economically).
When I buy a business, anything above 20% od a yerly profit is overvalued.
As anything above 10% intrinsic value is overvalued.
I may be dumb, but I never bought a business at 3x yearly profits.