Gold/Mining/Energy : Chesapeake Gold


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From: CrashJPMorgan5/9/2012 7:46:27 AM
1 Recommendation  Read Replies (2) of 5925
 
"The reason gold stocks are not performing in tandem with the price of gold comes down to "idiot management," said O'Leary. " There is no reason to own the miners. If your cost to actually mine an actual ounce keeps going up, why would I ever buy the stock?" said O'Leary, comfortably seated in his Toronto office. "I say they are mismanaged. If a manager can't control his costs, fire them."

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