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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (66670)3/6/2008 3:03:10 PM
From: Little Joe  Read Replies (1) | Respond to of 108763
 
Just received a promo from Daily Wealth of Steve Sjugarand fame. The article was written by David Galland of Casey Research. He analyizes the reason for the laggard status of Gold stocks. He indicates that it took a while for the companies to realize this bull is for real. Once that happened they scrambled to catch up. They increased hiring, upgrading equipment, building new mills, etc. This is paying off evidenced by big earnings from GG, Dinross and Barrick.evidence

They now believe the ex[penses are behind them and the bottom line will improve. Expects bigproducers to do well. Recommends buying higher Juniors for taker possibilties. I think this analysis is right. Of course it is a matter of timing.

Any thoughts

Little joe