is the gold bull over?, page-42

Thanks, I read on some blog today that some top gold stocks are at 1987 valuations. I know that a few of ours are priced at 2008 levels. I'm steadily picking off the best of them, as I can afford to. They're ridiculously undervalued IMO. When you buy say SLR at $1 now, you get into it at a market cap of $375m but it has $8billion of gold resource that is quite likely to be $12 billion in a few years @ $1500/oz. Say they can mine an oz for $750 which with their superb management is not unreasonable, low sovereign risk, great assets. It means you're buying an oz of mined gold at $80/oz. those are the bargains i mean...