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


To: John McCarthy who wrote (171219)7/17/2009 12:28:06 AM
From: loantech  Read Replies (1) | Respond to of 312410
 
Hi John,

What the GSR guy fails to do IMO is carryout his valuations to include capex. He has some like New Gold that has more gold per share than some others but he fails to mention they may need 200-300 million to get the gold out of the ground.For instance Minefinders he has as more expensive but they have their mine up and running.

Let me know if you think I am on to something or off base. <G>

Tom