Re: Buyout
in response to
by
posted on
Feb 08, 2008 09:57AM
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Thanks for your chart Crowlee. The graph would look quite different if juniors hadn't underperformed $GOLD so grotesquely since July. Take a moment to pull up this link please:
http://stockcharts.com/h-sc/ui?s=$CD...
A 50% haircut in the ratio since July is to me astounding. More potential energy ready to pop when they are good and ready. As Player's Hamilton article mentions, that might likely be at the tail end of the upleg we all hope we are in. Since HUI ~ 1000x TDC's shareprice currently, we can estimate it for, say, a 700 HUI maybe sometime this year:
If TDC:HUI ratio is constant, TDC = .70
If TDC:HUI doubles (regains lost since 7/07), TDC = 1.40
Just food for thought.
Strike