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Re: pvn post# 69543

Tuesday, 10/04/2011 6:52:54 PM

Tuesday, October 04, 2011 6:52:54 PM

Post# of 118202
The price of gold is (kinda) irrelevant. Market sentiment will be the driving factor. Things are in a frenzy right now. No one seems to be decided on what exactly they are going to do.

When gold hit over 1900 not too long ago, it did not reflect in the PPS of miners (both majors and juniors). If you research it, you will see that share prices of miners are well below the %age rise of bullion.

Investors will have to make the decision (en mass) that mining companies are one of the better choices available before you see the price valuations that you seek.

Right or wrong, that is the view from where I sit.

Bis Spater

Hinky

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