CDN. MOMO PUPPIES Message Board

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Gold/Mining/Energy : CDN. MOMO PUPPIES

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To: koan who wrote (10126)	10/2/1999 11:06:00 PM
From: Lola	Read Replies (1) of 36688

Fuddle and I were only looking at the PM funds to get ideas on what stocks we might want to play based on what the funds might buy . . . we're looking mostly for the funds' bottom picks (or undiscovered stocks). We want to pick the winners and take positions before all the funds start their buying. Sorry if we mislead anyone into thinking we planned on playing the funds on a short term basis. It's not a good idea to daytrade or position trade any funds from my experience. Funds are for much longer term holdings. As far as the activity on the ASE and VSE, I think people are just gun shy with resource stocks on those exchanges right now because of their history. I'm sure you noticed that the gold stocks on the TSE have faired much better than the VSE and ASE stocks. I guess it's mostly a question of credibility . . . it still matters. Also I've noticed in the last week that those exchanges seem to have a hell of a time when volume picks up and you can't get timely report backs on your fills. Actually I found that to be true on the TSE as well last week. In once instance it took 15 minutes to get a confirmation from Investorline even though I saw my trade go through on Canada Stockwatch. It seems the exchanges weren't dealing well with the increased activity. Of course it could just be a problem with Investorline and not the exchanges. Lola:) edit . . . I agree with you about buying juniors over senior gold stocks. With the exception of the warrants on G.A I'm staying away from senior golds. The potential gains in the juniors are much better and I'm positioned in most of my stocks at almost rock bottom prices. The biggest gains will come very soon now and the juniors will leap frog as you said . . . I'm holding all my juniors for now unless the gold market turns completely upside down.

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