RE:RE:SelloffI will ignore your insults, I know you are hurting financially so I undertsand your frustration.
Current price is 100 times earnings as per TD Waterhouse. None of gold companies are good companies. Better to buy gold directly.
ABX , OVG and FGC story from BNN
Video bnn and yesterday's article from glove nad mail
Globe article Also, I don't read most of the posts on stockhouse, because they are useless. I know, bceause I post cr$p most of the time.
Good luck to all.
Realnews wrote:
Shortie - Everything in your post is plain stupid. To the contrary there was never any speculation ABX would buy them out. Overvalued? by what metrics do you use? -none! Forward P/E probably sub 8, which companies are making a comparison against? Don't know anything about Management other than what you read from a couple shorters and perma bears on this site. Probably bounce tomorrow, yes, because they will be probably announcing quarterly production results and later this month ramp up production forecasts which means more profits going forward. Yes, that means higher stock price. Please define real companies, except KL, which anyone would agree with this one.