PINL:VLTAF - Post by User
Comment by
Bpultraon Jun 24, 2013 1:14pm
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Post# 21569880
RE:Copper vs Gold
RE:Copper vs GoldI think right now Dam$ if you do and Dam$ if you don't .. price of copper is getting killed right now as well... it seems any company looking for gold or copper is worth less than they money they have in the till... you have to wonder how low these small Jr's have to go before the big boys are going to bounce on them.. but guys like Barrick are cutting staff .. cutting projects so it seems alot of survial mode going on.. so maybe even if some of these plays that to us seem good.. they have some money.. the big boys just say .. hey they ain't going anywhere ??? let them twist in the wind .. if things change and we have to pay more later so be it... right now these plays are dead.. so you either hang on.. hope for a rebound which may take some time by the looks of things or you sell at a huge loss if you have been long .. never thought VTR would be down here ever.. but here we are .. even my akg is like trading 30 cents per share below cash value.. so if they closed and gave all us AKG shareholders cash per share we would be money ahead from current paper value.. crazy