if gold rallies to 1600 in 2015 and the Chille mine opens by then, they could be making $5/share. That is a PE under 4 here. Unless gold falls to sub $1000, it should hold these levels on potential earnings power. But i said that at $22 and $19. Just Wow. I'm down $7 in this stock. and I bought well. Never dreamed gold miners would be Enrons.
quantuon, you always sing the same basher song ... not a screw-loose like the Pascua Lama crowd, but you believe ABX can't meet their financing needs this year without another debt offering (or dilution), now that they will cut the divi (which is probably all that is keeping this stock up currently)
Your song is boring. It is not realistic because it is bash, bash, bash, gloom, doom, crash, etc.
Consider that gold may spring back sooner than expected. Don't believe the hype. Currency devaluation trend is still in place. Global risks abound. I think we just hit a speed-bump. Gold was in strong consolidation up until this latest dip. IMO we will see $1500/oz gold this year, perhaps even higher. May only be a few months away. I'm not worried anymore. I don't think this gold rout will continue. GLTA