News Focus
News Focus
Followers 327
Posts 92770
Boards Moderated 3
Alias Born 07/06/2002

Re: From the East Bay post# 173958

Monday, 11/24/2003 3:52:33 PM

Monday, November 24, 2003 3:52:33 PM

Post# of 704044
What is your take on PDG? I lost it at 14.75 and want to get back in. Today's low was 16.39. Will it continue going down if the POG keeps dropping?
==============================================================

Hi East Bay,
It prolly depends upon how far the PoG would drop, if at all,
but if you're talking the PoG back into the $370's, I would have to say "of course it will."

To expect anything else would seem somewhat unrealistic to me.
After all, in my view, PDG doesn't have that great of a story.

I personally would prefer a basket of juniors whose total costs would approximate that of PDG.

You can buy a 1000/sh of EGO (3.33), BGO (3.91), WTZ (4.42) MNG (2.25) and GBN (2.30) for less (16.21) than you'd pay for a 1000/sh of PDG (16.55).

May I suggest you save this post and look at it every six months so you can either tell me how FOS I am or how you wish you'da listened to me.

Good luck with whichever way you decide to go.

Dan

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today