Post by
mlmack on Nov 27, 2008 11:34am
Breakout of trading range
Of $1.14 - $1.36 in the past two days, next targets $1.89 and $2.60. With many intermediates having huge gains in the past two weeks, looks like analysts may be figuring WGI's 2009 earnings of $.30 with $800./oz. gold. This is awfully cheap compared to it's peers, P/E of 5 with $40 million in the bank.