GOLD 0.51% $1,391.7 gold futures

gold shares , page-12

  1. 3,382 Posts.
    lightbulb Created with Sketch. 152
    Finicky,

    22 companies on that list.

    6 companies started trading in 1927 or 1928 and got absolutely smashed... developers, explorers that ran into funding / debt problems? Another 3 were penny stocks (< $1), also smashed.

    4 look like they were purely silver or gold / silver companies. All did poorly.

    3 did OK including Homestake, which had share prices higher than $10 in 1929. Were presumably majors with established gold production.

    Newmont did poorly. I recall reading they were mainly a copper miner in the 1920’s and their small gold mine enabled them to survive. Not that it helped their share price much.

    Rowingboat.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.