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pop a long term pick
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pop a long term pick# Stock
y*o
1
abx.
Gold price is relative low. It will go up definitely in long time and very
possible in short time due to debt ceiling.
abx project the full year production cost is 1000-1100 and 7m once. That
will deliver 3.5 billion profit, making the P/E of this company is less than
10. It does not even account for its copper production and the increase of
gold price.
The dividend is over 2.5% with steady growth.
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p*o
2
Good call.
In it from beginning of the year.
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p*e
3
Any idea what happened in 2009? The earning was a big negative, breaking a
long term trend, while the sales were alright.
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