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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.04-1.7%Nov 13 4:00 PM EST

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To: el paradisio who wrote (52279)5/26/2000 1:51:00 PM
From: pater tenebrarum  Read Replies (2) of 99985
 
e.p., i'm a big fan of the South African miners, AU, GOLD, HGMCY, DROOY.

they have very little or no hedging, and are high cost producers, thus their earnings are highly leveraged to the PoG. they also have excellent managements, lots of cash and in some cases respectable dividends that tend to get raised quickly whenever their earnings improve. of course they are also subject to a certain amount of risk due to their location and high production costs.

in North America i like HM, NEM, BMG and PDG...

personally i have the biggest chunk of my gold investment money in GOLD and HGMCY...those are my personal favorites.

regards,

hb
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