Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: isopatch who wrote (88187)	2/27/2001 11:41:28 AM
From: Charles Macdonald	Read Replies (3) of 95453

Iso- I agree. I see it as a bullish sign that lease rates / POG moved despite the increase in the dollar. My core metal holdings currently are HGMCY, GOLD, NEM, FCX, and DROOY. My style is more of a buy and short/mid-term hold (I am attempting learn more of the true short term trading art)so I have been simply building positions in HGMCY, GOLD, NEM, and FCX over the past months. DROOY is purely a speculative play. With the leverage potential it has, I could not pass it up. The challenge with Drooy will be when to take money off the table if it decides to run. I have never been good at letting my money ride and given a gold run DROOY could move and move big. We will have to wait and see. Are you trading/holding/building/cashing any golds currently? Regards.

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