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Message: Big Piture part b

If Money Starts Rolling In Again, Which Has More Upside?

posted on Sep 07, 2008 06:31AM

If Money Starts Rolling In Again, Which Has More Upside?

What's your sense on this?

Mine is that if the money returns the PM sector the bigger boys (GG,AEM, AUY for example) will rise faster than the juniors. So, I'm agreeing with John Doody. Although I'm not sure JP agrees. (Remember, Doody does not cover juniors).

BUT, of the bigger boys v. the juniors, which has more upside?

My answer: The smaller caps with defined deposits. They've been beaten down much more.

Then a reasonable question would be, what would be the lag time for the juniors to regain the value of their pre-slump demise once the bigger boys have recovered? I would hope, soon afterwards and with a tsunami like rise Puplava has spoken about many time.

Baies

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