CCU cobar consolidated resources limited

$6,000 silver - mike maloney, page-7

  1. 2,213 Posts.
    GloGlenroy, your PE's are WAY too conservative. When this bull market comes to an end PE's will be above 25 across the board and some mining stocks will exceed PE's of 100.

    So whatever the final price of Au and Ag when this market tops, expect mining stocks to reach absurd extremes.

    For that reason if Ag were to reach the price level you sugested then CCU may well trade at over $100 p/s.

    Sounds aburd huh......but so did valuations back in the last secular bull market.


    Cheers
    (PS. Those holding gold and silver shares are to become the next super rich)
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.