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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Gary who wrote (3572)11/25/1997 10:52:00 PM
From: TimbaBear  Respond to of 116857
 
Hello all!

I think that gold price recovery may be in the foreseeable future.

Am new to this thread.....which US companies have the most proven reserves? Of those, whose reserves are most economical to extract and refine? Which companies stand to recover the fastest when the trend turns? Is it fair to say that all gold stocks are fairly valued or are they're still stocks whose prices are still not driven down far enough?

Would greatly appreciate any and all input.....I know I am responsible for my own research, just looking for some direction from those who have more data than I.

Thanks in Advance

Tim



To: Gary who wrote (3572)11/26/1997 12:42:00 AM
From: scotty  Read Replies (1) | Respond to of 116857
 
Looks like 300 support isn't going to hold.Picking a bottom in any market is almost impossible,I bought some mining shares a couple of weeks ago anticipating some sort of buying from investors seeking a safe haven.Mining shares may get dirt cheap soon. Scotty



To: Gary who wrote (3572)11/26/1997 9:00:00 AM
From: Bobby Yellin  Respond to of 116857
 
I liked this one..
Message 2821157



To: Gary who wrote (3572)11/26/1997 2:41:00 PM
From: Bobby Yellin  Read Replies (2) | Respond to of 116857
 
An acquaintance of mine made me finally see "the light"...the
world economies could probably collapse if there were a lot more
failures in Japan...Japanese would be forced to sell all their liquid
American holdings(bonds,equities and real estate) to cover margin calls etc..
what I didn't think about was that all these start up companies in
the US probably sell so many of their products to big multinationals..
who would really suffer if pes got back to 10 and international
sales would severely slow down..the meltdown in the market would
affect all businesses..
any comments?
I now can see how the CBers are desperate in having gold lose its
glitter..it seems they created a situation that somebody could easily
take advantage of...for instance a nuke for a nuke..
happy thanksgiving..
bobby
(guess I should pay more attention to how this mess is going to unravel..)