Well I am just saying what things are like now, sure the future will be different than today, but looking at todays prices and what someone has is best to determine a fair price.
fbx258, becareful on valuing things at future prices like what you have said in your point 1, thinking to yourself that a company is cheap because you think the underlying commodity will double in price in a year, you should check it's current valuation with todays prices, if you find a silver company that is properly priced today, you make more money when silver goes to 60 but I did say that I think the silver miners on the asx are few so they are crowded compared to gold.
Compared to the gold miners, silver miners seem to be more expensive, I guess it is because there are not that many silver miners on the asx.
zinvestor, I don't know if your figures are right or wrong, I was just going off the quote earlier in the thread.
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