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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?

To: TheSlowLane who wrote (19831)	6/20/2010 5:16:23 PM
From: loantech	Read Replies (1) \| Respond to of 48092

<I liked what he said about looking at gold stocks as a call on reserves rather than through a P/E lens> I need to review one of my favorites as per this comment. RIC has a very low and competitive EV/ ounce of 223 much less than many others but only 770,000 ounces of reserves and P&P. Maybe not too bad considering there are about 29,400,000 shares out. 1 ounce per share and at 5 bucks 1 ounce per 190 MC. My figures and figures lie and liars figure. LOL. TSL what I am wondering is does a stock like RIC, with a favorable MC per ounce have as good a chance as a stock like NGD with much larger reserves but maybe not as good of EV/ounce or MC per ounce, have as much chance of strong appreciation as NGD?