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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Clappy who wrote (25472)12/16/2000 8:50:09 AM
From: re3  Read Replies (2) of 65232
 
hi Clap-guitar, well re drooy, it closed at 75 cents. sure it is down from the place where i recommended it, and frankly, it might not even make it, but if gold does a moonshot, you might be lookin' at a 25 bagger.

re which country to buy a gold stock in, i feel the s.africans are more undervalued than the american ones, if j6p wants a gold stock they tend to look at nem or abx. these may run first, but ultimately, again i think that the s.african ones are better value.

re when to buy gold, one cannot time this thing any more than any of you can pick the right day to buy or add qcom. if i were buying gold NOW, i'd say to pick a day where its been whacked, and to focus on names like hgmcy, GOLD, fn.to, aem, pdg, hm. drooy is a longer shot, but i suggested it here because one could buy a thousand shares with a thousand bucks or so, whereas a decent position in the others would be a lot more.

gold is the opposite play of everything on this thread. i think one should have a little stock in the opposite of the majority of one's portfolio. i have some VASO and DRMD in this category

good luck
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