Opinions

Bill Belovay Placer Dome PDG-T BUY Jan 05, 2006

Barrick (ABX-T) is acquiring them, but this does not mean the game is over. There could still be another suitor. If Barrick ends up the winner, you will end up with the largest gold company in the world with a fantastic line of projects. They are undervalued.

Bill Belovay

Owned

Unlock Rating

$27.860

Stock price when the opinion was issued

precious metals

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

You might be interested:

TOP PICK

Betting that this company is going to turn around all of the problems that has beset it this year. Have announced one new mine. Believes that gold will go over $500. Feels this stock will improve more than Barrick (ABX-T) percentage wise.

DON'T BUY

He sold his holdings, took his money and ran. The stock is fully priced here.

BUY

The way he would play gold is to own a gold stock but not to hang on to it as a crisis insurance. Write calls against at least 70% of that portfolio, drive in very good cash flow against what you are getting, and you'll be quite happy with that position. Options are a high risk venture, no matter how you slice it.

WAIT

A speculation. Barrick ABX-T) is the obvious fit for this company because of the synergies. Wait foir anothr $2/3 from the current level. Let the deal go through and then see hwo it goes with the gold sector.

PAST TOP PICK

(A Top Pick Sept 20/05. Up 32%.) Barrick (ABX-T) is attempting to acquire. This has not been a good stock so this would be a good acquisition. He sold his holdings.

HOLD

Continued to hold just in case there is another deal.

PAST TOP PICK

Placer Dome has decreased in price. It has followed the correction that we had for gold shares. Also, Barrick has taken over Placer Dome so they have had some reorganization to go through.

BUY

Have a technology that allows them to ignite the oil underground and he believes it is pretty good. Environmentally friendly. Can they sell the technology and how expensive is it to operate? Upside potential could be big.

BUY

He has just bought. Great asset company. Great technologies. Thinks that tie(?) will work.

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : hello@stockchase.com.

Bill Belovay Placer Dome PDG-T BUY Jan 05, 2006

You might be interested:

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Placer Dome(PDG-T)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Larry Berman CFA, CMT, CTA

Lorne Steinberg

Stockchase Insights

Jim Cramer - Mad Money