Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG Message Board

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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: ALTERN8 who wrote (466)	7/30/1999 9:47:00 AM
From: re3	Read Replies (1) of 48092

Pierre, I will stick my two cents in here... I would still suggest buying gold stocks now, if you can...i think thursday showed golds CAN go up, despite all the bearish sentiment and talk of $ 220 or $ 200 an ounce, Britain selling, etc...so, really, you haven't missed the boat...my avg cost on abx is 20 $ us and i'm not really upset i kind of overpaid... i would suggest buying a couple different ones... abx is hedged, but a powerhouse...they can and do make $ asa and au would be a better play if the price of gold rockets i don't know much about hm and nem, pdg seems to disappoint, but is a major player... if you want to go for a big splash, try call options on asa, they are relatively cheap (disclaimer) i have both shares and call options on abx, asa and shares of au...i don't own any hm, nem or pdg...i also have a fair bit of agnico eagle, a mid tier gold in canada ike

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