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Bullboard - Stock Discussion Forum Tiex Inc V.TIX

TSXV:TIX - Post Discussion

Tiex Inc > Gold stocks discount lower gold price
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Post by nopoo on Aug 27, 2010 2:22pm

Gold stocks discount lower gold price

Gold stocks discount lower gold price
David Berman

Michael Curran, an analyst at RBC Dominion Securities Inc., is bullish on gold and gold equities, and you can see why. Whereas gold trades at about $1240 (U.S.) an ounce right now, gold equities are discounting considerably lower prices for the commodity, leaving plenty of upside potential.

According to his figures, the average discounted gold price among North American Tier 1 producers is $915 an ounce. In other words, the stock prices assume that the long-term price of gold will tumble about 26 per cent from the current level.

https://www.theglobeandmail.com/globe...rticle1686420/
Comment by beermountain on Aug 28, 2010 2:05pm
4 cent stock.  It don't matter what gold goes too. 
Comment by beermountain on Aug 31, 2010 12:34am
OldschoolI've noticed your posts were removed.  Probably some little girl telling mommy.  LOL.I went on a Beer tear and started to post all over cyber SH land.  I was yapping about a company that is in the Cariboo and will be drilling for gold.  If this company hits, it will generate alot of excitement for possibly any company in the Cariboo including TIX.  The symbol ...more  
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