Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Crimson Ghost who wrote (2315)	10/1/2001 10:22:18 PM
From: SliderOnTheBlack	Read Replies (2) of 36161

G Cole... re: gold stock price targets George; I'm just using them as a comparison. What is most interesting is seeing what stocks moved the greatest % - ie: their leverage to the POG...which were the volume (institutional fav's) etc. Remember; we've seen XAU 125-150 levels 5-6 times in the last 15 years... that's about 2 to 2.5 times present levels of XAU 58... that's some UPSIDE left ~ Intersting that the XAU & the OSX have traded in the same numeric range - ie: 45 to 150 and both indices are at about the same price levels presently, interestingly enough... PS: $340 Gold is where the powers that be - plan on taking it... let the "derivatives dike" break and $600 is a chip shot... we'll see $400 within 6 mos imo and XAU 125+ as well...we're sitting on doubles+ from here....4-5 baggers in the small caps.

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