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


To: long-gone who wrote (34177)5/19/1999 8:38:00 PM
From: Zardoz  Read Replies (1) | Respond to of 116815
 
<<The answer is so obvious, I cannot believe you do not see it. When physical gold was selling on the spot market for 385.00, the average forward price that Barrick has received, Barricks stock was selling for around 30.00. Barricks current price as we speak is 17.43.>>

>Did you know, When an investor insists on the name of a mining company near every major brokerage will recommend ONLY ABX?

Actually, the list I got was in this order:{yes I do ask for lists}
1) Franco Nevada {FN.TSE}
2) Nemont {NEM.NYSE}
3) Barrick {ABX.TSE/NYSE}
4) Placer Dome {PDG.TSE/AMEX}
5) Freeport {FCX.NYSE}

PS: This list is neither a recommendation of advice upon my part. This was the most recent list gathered from TD investors service Jan 6/1999
My list would be FN, ABX, PDG, NEM, TVX
FN is the better pure gold play.