UC Resources Ltd.

UC is an emerging producer of Gold and Silver. The Company's goal is to combine cash flow from production, along with a significant exploration upside from its mining assets. The Company is working on its long term objectives to build a mid-tier Production company with a specific focus on silver and gold development in Mexico.

over 14 years ago

in response to applepieuk's message

Generally, I think this guy is saying is that short term, when the market initially gets hit hard, gold stocks get hit along with the rest of them. However, mid to long term gold stocks follow gold if not even out perform the metal by a bit. Gold stocks = leverage on the metal I guess? Thoughts?

Tomorrow I will see what I can come up with for info on how well PM stocks did 1978-1982 or so. My guess is they went way over the top for a while.

Deno G.