|HOLD||$19.160||BULLISH on GOLD||RESOURCE||Yes|
How do you determine the value of your gold stocks? His general strategy has been to concentrate on the producers, not the explorers. It’s the guys with cash flow that are going to control the market. He has been concentrating on those that have the lowest cost of production. Next he likes to know where the properties are geographically located. Likes the north-south investments because he understands the politics and the laws. This particular company is a massive disconnect as they started producing this week and the stock fell.
Investment Advisor, Blackmont Capital