GOLD 0.51% $1,391.7 gold futures

gold stocks under 5c, page-8

  1. 3,298 Posts.
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    Johno 247,
    The point is not the price of the company but the market capitalization of a company. Just because a share price is under say 5 cents doesn't mean to say it is good value. Try & relate market caps to gold reserves rather than share price. Many low share prices have billions of shares on issue & are difficult to move in price.
    This game is about percentage gains but think in terms of market caps not share prices.
    Cheers
    Buffett
 
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