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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (24974)	11/29/2009 9:27:07 AM
From: Real Man	Read Replies (2) \| Respond to of 71407

ABX, GDX top holding: EPS: -5.66 (pay no attention, closed hedges) Div: 0.90% Market cap: 41.81B Reserves: 138.5 million Oz Cost: $450-475 per Oz. Price, gold under ground per Oz: $302 RSA stocks are currently undervalued, with price per M&I resources below $50. This is a result of gold reaching an 80 year low, inflation-adjusted, in Rand terms (2005), and, perhaps, moving toward that target again in 2009. BK risk exists there, thou, for DROOY in particular, but these were in a bear since 1970-s, and are still sitting on the biggest gold deposit ever discovered.