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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (62148)11/6/2008 2:05:50 AM
From: marcos  Read Replies (2) | Respond to of 78409
 
You'd think New Gold would do better than this, even with the copper component, can't expect to get much upside today for copper in the ground but if you express it as credits using a five-year trailing average price then it makes for very low-cost gold ... forget el Morro for now, they'll get market cap boost from it when base metal comes back and not until, but even so, there should be value given today for New Afton ... it's just crazy how deep some of these got sold off

Piece on break-even prices from LC's thread - Message 25144558

Here's another one that's inexplicable even considering that stupid moratorium, they're fully funded and will be rolling within weeks of getting the go-ahead -

'Another cheer for Dynasty Metals (DMM.to), up another 5% at $1.62 this morning. If this stock doubled it would still be cheap. And if Ecuador just said "ok guys, go do some mining" it would likely double again.'

incakolanews.blogspot.com