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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: ubetcha who wrote (12650)12/8/2001 5:41:16 PM
From: sea_urchin   of 81469
 
Terry, the way I read SA golds at the moment, there appear to be three top stocks:

1. Anglogold AU for those who want a big cap, hedged, producer with the speculative attraction of a possible takeover of Normandy, in Australia, and also to be taken over or merged, itself, with Barrick. It's AU's stated aim to be no 1 in the world in any and every way one looks at it.

2. Harmony HGMCY is the new low grade king with very big deposits and many mines in SA. If you are a price of gold enthusiast then this is the one to go for.

3. Goldfields GOLD is a high grade, low cost producer, unhedged, which is also looking to expand operations all over the world. It could also be the subject of a takeover, itself.

I have holdings in all three but particularly in AU which also pays the highest dividend.
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