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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Roebear who wrote (93216)8/7/2001 10:37:18 PM
From: rails99  Read Replies (2) of 95453
 
Roebear: Re.: The PMs.

Good to hear you have not lost interest in the PMs. I really have some bucks on GG. I just can not think of another profit machine that may go to market (get bot). They have cheap gold and lots of it.

Some other threads have noted that the major holders will not sell out on the cheap, thus do not maintain a thrilled position in the corp. I believe the long term outcome will be sufficient, whether GG gets bot or I sell on a good profit. Just seems like an excellent value play to me, as they claim to mine the yellow at 100/oz. That gives the management and big holders plenty of room to do well; just hope I get a little of the pie.

I compare that to the big boy NEM and think that the funds will play NEM in the proverbial whipsaw market action like all the other large holdings have seen this year. I believe the great and mighty GG is just a more stable long-shot. If some talking head gives it the action, it will do well; hopefully more than once.

On aside from the PMs: have you or anyone else bot/held foreign shares via purchase where traded on exchanges other than the usual Canadians. I write in reference to possible choices of Tenaka Pharm, Thompson Corp (LSE), and if I could remember the various Mexican brewers, etc. Reasons: Questions about volume, taxes here and abroad, etc. Let me know if you have any info. Thanks.

Rails
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