SI
SI
discoversearch

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: GROUND ZERO™ who wrote (28007)6/4/2012 5:40:46 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 29622
 
Bot into Lion Ore under $1. They got bot out. Took that money and put into RGLD at $18. Sold it, and dumped the money into IRC. They sold out to RGLD, and now I'm back into RGLD. LOL It was easier for IRC to double than it was for RGLD at that time. Just holding, not trading this one.

Franco Nev CEO was interviewed in last 10 days. He stated they were sitting on $1B in cash and ready to do some big deals. Factor that into your 3-D model somehow, k, GZ? Or does your 3-D model not have any algo to take into account "cash on hand" fundamentals? Just curious.



To: GROUND ZERO™ who wrote (28007)6/5/2012 12:33:15 AM
From: Nevada99991 Recommendation  Read Replies (1) | Respond to of 29622
 
I don't have a target and don't own them. Those recent price moves just caught my eye. Sometimes royalties are graduated at specific gold price levels creating big changes in earnings for royalty companies, but I'm sure there is a more general cause here. Royalties are mostly NSR's and exclude mining cost effects. Maybe these companies are some fund manager's compromise between GLD and GDX. If we get a for real gold stock rally I think a lot of other companies will outperform percentage wise in due course.