jtownes
18th March 2009, 13:24
A crucial question for prospective precious/base metals (http://www.stockresearchportal.com)mining investors is: What constitutes value? The Stock Research Portal says: “Value at a given point in time is the present value of all future expectations. Determining the present value of the prospective after-tax free cash flows for a gold producer (or any other company) is in my view the most reliable valuation methodology.”
According to Cam Hui, “The Market Appears to be Valuing Gold Stocks on Cash Flow, Not Assets.” The Stock Research Portal comments: “Investors are not confident and hence cautious in the current markets. Further, I suspect very few of them (analysts included) have any real ‘operating knowledge’ when it comes to strategizing and mining gold and silver.”
According to Cam Hui, “The Market Appears to be Valuing Gold Stocks on Cash Flow, Not Assets.” The Stock Research Portal comments: “Investors are not confident and hence cautious in the current markets. Further, I suspect very few of them (analysts included) have any real ‘operating knowledge’ when it comes to strategizing and mining gold and silver.”