Quote:
Originally Posted by AME_VIP
^^ Wow people are bearish on mining right now. YNG down 8.62% at the moment
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I want to buy more...
They have been around a long time and were making money back when gold was half the price it is today.. so I don't feel that there is significant risk associated with them... plus as a distress sale I cant imagine them selling the company for less than 300M anyway, so you would still walk away with .30/share... and that's probably a low ball.
Mehhh... just wait and see I guess, avg. on YNG is .33