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Wednesday, October 26, 2005 12:10:44 PM
***NEM, HUI, $GOLD STOCKS***
*NEM reported earnings this morning, I didn't exactly read or look through the report, only caught the headline $.25 EPS was in-line with the estimate of $.25, thing is, annualize that and you get $1.00... take NEM at $45.00 a share, and that's 45x earnings... pretty hefty if you ask me...
Either way, NEM rose into earnings, and was even solidly green to kick off things this morning, it's now red by -1.38% at $45.03...
*NEM reported earnings this morning, I didn't exactly read or look through the report, only caught the headline $.25 EPS was in-line with the estimate of $.25, thing is, annualize that and you get $1.00... take NEM at $45.00 a share, and that's 45x earnings... pretty hefty if you ask me...
Either way, NEM rose into earnings, and was even solidly green to kick off things this morning, it's now red by -1.38% at $45.03...
HI-HO SILVER !!!
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