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Gold/Mining/Energy : 2008 Silicon Investor Stock Picking Contest - Metals -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (233)1/28/2008 2:02:26 PM
From: TrueScouse  Read Replies (2) | Respond to of 368
 
Wayne:

<<What is all with all these jrs. POG to new highs and they all yawn?>>

Indeed. I'm not sure what it's going to take. When gold was at $600 and something a year or so ago, I could never have imagined that my PF would be lower if/when gold crossed $900! Amazing.

Somehow the PM junior stocks have got to completely decouple from the rest of the miserable market, with significant flows of new money coming in. A couple of spectacular discoveries wouldn't do any harm either. But the big impetus IMO will be when the majors start feeding lower down the food chain. There are companies like CKG, MVG, etc., building resources in excess of 10 million oz, and at some point they're going to get taken out. Just hope I'm still around by then!

Best regards,
Howy