Sorry goldies but my original post was tongue in cheek because of the point made that a penny stock had gone to 77cents before gold crash and it became worthless (actually I think the poster was making the point that it was worthless the whole time as there were no defined resources on their lease). Anyway my post was meant to highlight the fact that in a gold bull market the listed value of a stock becomes detached from the underlying worth. There is money to be made but only if you sell, as in don't count your profit at the casino until you cash in your chips.
And in response to your latest post I agree that if you hold a stock based on your own evaluation of all the factors. Buying FMG when it was two cents was in hindsight a brilliant move.
My original post was badly constructed to the point of irrelevance so I think this is where this sub-thread should end and in future I will try and explain myself better.
Cheers
gold investors should read this one carefully, page-27
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