Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: octavian who wrote (16887)	12/29/2008 11:01:55 PM
From: loantech	Respond to of 29622

I bet the guy is right should be an upcoming 4 bagger!

To: octavian who wrote (16887)	12/30/2008 11:16:40 AM
From: Tommaso	Read Replies (1) \| Respond to of 29622

>>>just read an article in Forbes, in which David Dreman recommended FCX (among many other stocks). According to Dreman, FCX has a P/E of 3 and a yield of 8.7%. I wonder, does that fall into the "too good to be true" category?<<< That's about exactly the P/E and yield that Royal Dutch was selling for at the height of the oil crisis of the early 1970s. The stock and its dividend went straight up for the next fifteen years or so. Whoever bought and held through that period more than quadrupled his capital and enjoyed a huge increase in income at the same time.