The Gold Report: Mike, the prevailing wisdom in the market favors producers over explorers in the precious metals equities. The thinking seems to be why buy the pasture when entire farms are selling at nearly the same price? What do you think of that strategy?
Mike Kachanovsky: That is a good summary of current affairs. Market values for the entire sector have been trimmed dramatically; even many of the highest rated stocks are down 50% to 60%. From a value perspective, it makes sense to buy higher up the food chain when you have the opportunity, to buy more established companies that offer … [visit site to read more]
Similar posts:- Get Ready for Stupid Cheap Silver Prices: <br>David H. Smith The Gold Report: David, Silver Investor analyzes the long-term macro...
- Five Mining Companies that Meet Jamie Mackie’s Success Criteria The Gold Report: Investing in mining equities is a cyclical...
- Miners Downsizing Capital Expenses for Smart Growth: Ralph Aldis and Brian Hicks The Gold Report: The Nov. 1 edition of Frank Talk...
