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Post# of 704019
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ItsAllCyclical

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Re: Sherlock356 post# 61220

Friday, 01/03/2003 2:51:40 PM

Friday, January 03, 2003 2:51:40 PM

Post# of 704019
>> So a 15% move on an investment in 1- 2 years..maybe? <<

Miners tend to move 4-5% for every 1% move in gold. Many of the juniors are still trading at discounts relative to $350 gold as there is still some skepticism. Not to mention there are very few gold stocks in terms of total market cap and if everyone decides to get just slightly involved in the sector it will explode upwards.

Gold has only moved from $250 to $350 or about 40% yet KGC is up almost 600% from it's lows. Hmmmm. Guess I should still to preferreds... LOL.



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