View Single Post
Old 03-30-2014, 07:24 AM  
CAHEK
C.C.C.P.
 
Industry Role:
Join Date: Aug 2003
Location: Novorossiya
Posts: 6,848
Quote:
Originally Posted by RummyBoy View Post
Good call...... but which ones?

Ive always liked low cost Yamana Gold (AUY) but what else do you recommend? A lot of people think there's could be a junior miner boom as its easier for the big players to acquire a junior who's renovated a new mine and got it ready than to dig it out themselves especially when gold prices are relatively low.

Id stay well away from Facebook esp with a P/E around 100 - I think this market is a bubble and when it comes tumbling down, Facebook is one of the first to get hit.
I don't like junior because they don't have enough cash flow if gold prices will continue to drop. I like big one's which like Newmont or Barrick.
__________________
Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!
CAHEK is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote