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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (130129)9/6/2008 11:13:10 AM
From: loantech  Read Replies (2) | Respond to of 312985
 
<The best strategy appears to be to accumulate valuable gold juniors at low price>

This seems to be a difficult proposition.

WGW at about 46 per ounce in the ground fully permitted and in operation with an 801 hedge.

RIC has a million ounces or so a MC of about 54 million with $33 million or so in the bank so their gold is at 20 bucks per ounce in operation in safe territory.

I read yesterday some juniors selling for less than cash on hand.