Paquet and Goldsnow need your opins please.
I too am bullish on gold (LT) and come to this conclusion from a different perspective. Inflation is here, but I am going to let greenspan "attempt" to hold it at bay while i pile up on a gold stock. (An aside, Greenspan actually creates many of these tech rallies by scaring away buyers as technolgy continues to move forward. The inevitable buying then comes in binges. Also, there is, of course, IE in tech.) Also, TA/bottom fishing has worked well for me these last 3 years and I like the gold charts I have been seeing. I believe that there may be a few more gold stock bottom buying opportunies under/around the $300 level before the trend is set - everything dips and fills ya know.
I love when a solid fundamental company is brought down on overall sector weakness. I need a good quality depressed gold stock with high reward potential that either of you two recommend. I plan to buy in during the next drop/backfill in gold which I believe will coincide with the next tech rally in the next weeks.
Low prices do not scare me (below $1.00), but I would like to stay on the AMEX/Naz/or big board. The pics you have been discussing here are on Torornto or Vancouver exchgs.
I am looking for a good gold/mining stock - your honest opinion on which ONE stock you would recommend to hold/accumulate thru 2000 - If you know of a warrant with good terms/conditions - price/time - that would be EVEN BETTER - I buy options, but i would have to be in a leap type situation on gold.
So far I have found DAY and ECO, but DAY looks to be in too much trouble.
Any and all comments, urls, slams, insults, whatever is sincerely apprieciated. As long as I get a solid co and invest $3-5K/month while this latest surge in gold prices is digested, i believe i will see an excellent return.
Thanks, and keep posting; remember, the best SIers can't post everywhere and lurk.
Stephen |
