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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: Jorj X Mckie who wrote (897)9/27/2001 4:33:13 PM
From: long-gone  Read Replies (1) of 1063
 
I don't own it(geez I've got enough mining stocks with out it).
Like the lack of hedge book. CEO seems VERY sharp. Glad to see desire to move to NYSE, but AMEX might be better. I also recall they came a bit to N.A. or Aust. which would be good, S.A. only isn't wise. Their cost is a bit higher than I love BUT they still go X and have a P/E.

I liked the chart far better until it pulled back to $4 from just above $5. The boyz from S.A. just haven't proven to be the cleanest gold exposure on the up. Just guessing, but should be OK as long as it doesn't fall below $3.75 -3.80.
finance.yahoo.com

I can't see charts work well for an individual gold stock, need the backup from the commodity. For me to love GOLD(the stock) I'd what them to ahve a bit better exposure to silver upside. Silver is "New World" Russia & China, but all I see is China sells every other ounce of silver at a loss for the hard currency.

but hey, I came over to talk the QQQ or FFF or SPY. feels like it is near time to start the nibble. Then a bottom(any bottom) can last for a long long time
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