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Gold/Mining/Energy : New Claymore Resources

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To: jerry janko who wrote (456)2/19/2000 11:11:00 AM
From: Famularo  Read Replies (1) of 531
 
Jerry/Bruce, I ditto all your comments. NCS should continue to move upward. Increased buyer interest will force the stock up to a $1.00 this coming week. Due to the lack of NCS sellers, the market depth on the selling side is weak. I saw one sell open order @ $7.45... WOW... I have a small position of 15K and have been trying to buy more @ prices under .30... I guess this will never happen now... I should have bought more at .35 or so....

Although I can't complain with the success I am having with many tech stocks during the past few years, I have been of the opinion for the past few months that the resource sector is ready to explode. I am encouraging many of my contacts, including business associates to start slowly moving profits from the tech sector into the resource sector. There are many cheap stocks out there with some very interesting projects. For one, watch the diamond stocks, WSP, MPV, SUF, ABZ, DMM and ACA.. All of these stocks, including many others will appreciate over 100% by year end. Others are oil/gas shells... Diamond demand is on the increase and the price of world crude oil is high. Ashton of Australia which is producing diamonds at the Argyle mine is close to the end of its life cyle. So are a few other producing mines around the world.
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