RE:RE:RE:BTO,,,,possible takeover target ?the entire precious metals space is nothing but a dumpster....its not just BTO...but all the others too...its quite obvious whatever inflation there is will only be temporary and be controlled once stimulus is taken away...so gold is not getting a bid and it wouldnt surprise me at all if we see $1500 gold again...as for the companies themselves, one of their major costs OIL & GAS, has gone up dramatically since last summers route which means the gold companies profit margins are shrinking as the gold price has done nothing during same time period (from last summer)....
throw in the politics, the countries where these mines are and what you have is an unappealing investment....
and fully agree with rochester, at the very least it would be nice if these gold stocks would at least perform like the market....but of course no dice....
one great sector to short that's for certain...lol