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Deckers Outdoor Corp. Message Board

fordfactory 2 posts  |  Last Activity: Oct 29, 2014 11:14 AM Member since: Aug 11, 2004
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  • Reply to

    Lets talk..

    by tikas2709 Oct 28, 2014 4:02 PM
    fordfactory fordfactory Oct 29, 2014 11:14 AM Flag

    Correction: ABX merger, not ABB.....

  • Reply to

    Lets talk..

    by tikas2709 Oct 28, 2014 4:02 PM
    fordfactory fordfactory Oct 29, 2014 11:13 AM Flag

    What's the old saying:..."The Market can stay insane longer than we can stay solvent"---paraphrased. But seriously, this is beyond ridiculous. But it's not just HMY...these miners are all near historic lows, not seen since gold was fetching $400-an-ounce. At some point, especially if the Fed and the Market has their way, I think something provocative MUST BE DONE in the industry, and it should start with a NEM/ABB merger. That would get the ball rolling and potential investors realizing that "the gold mining business" is determined to not only be solvent, but turn-a-dime as well. Absent that, we could see months-upon-months of stagnation-to-decline, much like the "industries-of-old", i.e. coal-mining.

    Just a home-gamer's thoughts, stuck in a long-dated LEAP gold-mining option, and uber-FRUSTRATED!

DECK
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