InvestorsHub Logo
Followers 97
Posts 7001
Boards Moderated 0
Alias Born 09/16/2010

Re: Lowjack post# 23091

Sunday, 11/21/2010 3:35:34 PM

Sunday, November 21, 2010 3:35:34 PM

Post# of 118202
Interest rates

South Korea increased rates. China increased rates. CME increased margin requirements. All that noise but gold is hovering @ $1,350 after the "correction"... You know at $1,350 PCFG is worth $$$ per share MIN using DCF. Can it linger at these levels? Yup Does anyone care about the stock? Not really. However the valuation does not lie. Probably not today or next week... but eventually people are going to wake up and starting buying PCFG because it is worth a lot more than the current price. Actually at these prices I think the company gets bought sooner rather than later. JMHO.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.