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Strategies & Market Trends : Winter in the Great White North

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To: Cogito Ergo Sum who wrote (1583)11/2/2001 7:35:14 AM
From: Frank Pembleton  Read Replies (2) of 8273
 
Kastel, be careful about getting in on the NGT game. It's a very thinly traded issue that moved up about 13% after I announced my trade. It has pulled back some, and I suspect it will act like most junior companies and move due to speculation as oppose to an upward move in the POG.

My purpose here is to re-enter into the PMs without extremely overpaying for companies like Kinross and Agnico Eagle -- these will move first, not unlike Cisco in the tech sector, but as you know, it's a double edge sword.

FWIW, I’m slowly trying to accumulate a PM base -- a little at a time, until my portfolio is weighted in the 20% range. Anyway … I’m primarily an O&G type of guy, and I have no intentions of apologizing for that. :)

Regards
Frank P.
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