SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Mining Stocks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (2380)9/27/2001 5:17:11 PM
From: TrueScouse  Read Replies (2) of 4051
 
Russ:

Thanks for the heads-up on Inca Pacific (IP). When I compared the charts of MR and IP, your strategy made a lot of sense to me -- MR is close to its 2-year high while IP's trading near its 2-year low. So for the moment I've taken my profits in MR and put them into IP -- and also bought some more Eurocan (EZM). I can't resist EZM at these levels -- one of the best base metal deposits and project infrastructures in the world IMHO.

Perhaps this strategy is a bit premature, but.... even though there may be far worse news to come on the recession front, the contrarian in me tells me it's not a bad time to start accumulating some base metals stocks, and it's probably true that there's now a greater chance of a multiple move (5 bagger plus) on IP and EZM than there is with MR. (Although MR is also a PM play, so a big spike in gold could move it).

Anyway, thanks once again for your research and the valuable information you post of this thread. It's especially timely, because I'm sure that many people are like me and have given up reading most of the posts on Gold Price Monitor, following all the garbage and hatred there over the past couple of weeks.

Regards,
Howy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext