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ratherbefishin

01/31/14 7:26 PM

#23667 RE: DigiTech #23666

I would agree with that analysis of the gold mining industry-but there is a huge diference between well run competant gold mining companies who have a good reputaion but have fallen victim to cyclic gold prices and Vancouver Penny Gold Mining stock shell games -a HUGE DIFERANCE.

Gold prices will come back-at some point,and gold miners will shine again[last time was about 25 years ago]-but chances are the marginal players whose management appears to be mining gold from shareholders pockets won't.These companies tend to go with the flavour of the month,whatever naive starry eyed shareholders trying to get rich want to chase this time around,gold,diamonds, tech companies,doesn't matter to the insiders who set up the shell games.Same game-diferent name
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VBgood

01/31/14 8:16 PM

#23668 RE: DigiTech #23666

Interesting article. But what separates Petaquilla is PDI. Petaquilla can fall back on PDI production while gold price is recovering.
There is geographical location also which is subject for FQ interest. I think we know soon how good all those factors will play in our favor.
Markets are crashing – gold is hanging tough ... as pages turn.