Msg from Jane456: ... holding... in DROOY since .90's
Jane,
To your question of "What PM shares do you like?" I must answer that none of them qualify for a Dave Gore Trade That Make Sense, and would like to repeat my initial post of a suggestion that the trading in gold and silver mining companies may now be approaching a climate like those past dot-com(s) companies where only those who invested in the beginning when share prices were low in the single dollars were able to cash in after rapid rises to many tens or hundreds.
Precious and Base Metal Investing Subject 51846
As for your reference in DROOY, the last post on this thread where it was mentioned, is as follows.
SI: StockTalk: Precious and Base Metal Investing From: marcos Saturday, Dec 8, 2001 View Replies (2) 'I have never liked DROOY so I can't comment on whether it's a "sell". To me it was never a "buy"! As far as other SA golds are concerned, I think you should make your decision on the merits of gold investments, generally, and not on South African imponderables. There are certainly no particular political or social problems affecting SA gold mines. ' - #reply-16765231 Searle and his bud Guree Tom are two SIers i find worth reading, like russ and heinz [and Don Lloyd, whose austrian thread shows promise] ..... just stopping in for a minute here guys, no time to type much, but here's another of Searle's [he is posting from RSA] - 'the way I read SA golds at the moment, ...' - #reply-16765640 [end]
The folks on this thread are profession, sharp and do not play that pump & dump or hype/bash talk you can find on those threads created for the company.
I'm still of the opinion that a visit to this thread with purpose to lay out a template for Dave Gore's Trades That Make Sense as a filter, will result in one or two stocks that can be carried back to this thread Dave Gore created for discussion.
My post to Zeev had a garbled message that most threads like this and those Zeev post on only discuss a small set of share symbols that have already been showned to be adapted to methods used by the posters to extract a sell higher than the buy overall, as in making money.
As for my concern or agenda for posting on this new thread, it can be stated in the active new thread here on Silicon Investor called "The Death of Silicon Investor" as it seems that Si is not in the business plan for the company that has ownership of Si, and Si is a lost on the bottom line. The fall of Nasdaq with the technology sector hit hardest, causing the paying membership on Si to fall, along with posting activity, then its in the interest of all Si members to help if possible with the health here on Si, which can be reflected in helping create good feedback between threads like i am trying to do. Rather than let this thread ramp up to a stable size using those folks like you that already know the person Dave Gore, this Dave and others on this thread should help grow the number of posters that can add quality to the purpose Dave set forth, leading to more activity that reflects and adds to what Si stands for in that "worth the cost."
As for precious metals like silver and gold, it can be a double win on this thread if trading in these does make sense, and if this sector for investing takes off then this thread will explode versus those others that missed the train leaving the station. By this i mean that yes the Zeev Turnip's thread would start to include the silver and gold trading share symbols, but if as i suggested you or Dave visited that thread above and bring back one or two make sense trading now mining shares, that maybe the people attached to them doing research now might also post on this thread, and for sure their attachmint to this thread rather than a Turnip's thread would draw better new folks that need advice form them people posting here from the precious metals threads.
The following are the names and Si profile urls of those who post on the above thread, and to me would add greatly to this thread if if if if if gold & silver prices reflect a great investment or store of value.
Claude Cormier Member 2202817 Occupation/Title Editor (The Ormetal Report) Location Canada
Bob Johnson (Note: This man can only do what "makes sense" meaning he has lots of difficultly posting to my posts to him :o) Member 1542953 GOLDSHEET Mining Directory
J. Ujina Member 3994532 Mining Insights Inc. Occupation/Title Managing Director Location Toronto, Canada
russwinter Member 7747103 Occupation/Title Redeveloper, venture capital Location Washington State ... former stockbroker 15 years [end]
To address again your "... position in DROOY since .90's" the following is a pay to view web site, but a free 2 week trial is available if you wish to read the article on Durban Deep.
Guest Speaker - David Vaughn Topic du Jour 12/18 Durban Deep & The Next Generation Gold Millionaires Dos Passos Library lemetropolecafe.com "Durban Deep was first listed on the (Johannesburg... ... with companies such as Durban Deep positioned within the core of their portfolio. David Vaughn David4054@charter.net December 16, 2001 Also, that phrase "to move markets" can be attached to the following event that many gold bugs are waiting for to happen. groups.yahoo.com Judge To Review Claims In Gold Market Suit By FRANK BYRT Dow Jones Newswires November 6, 2001 BOSTON -- A federal judge said... ... in a civil suit that alleges U.S. banking officials... Reginald Howe, a Belmont, Mass., attorney... He filed the suit about two years ago. Howe says he receives "financial and informational" support in pursuing his claims from the Gold Anti-Trust Action Committee Inc., a Texas-based "civil rights and educational organization" that was formed "to expose manipulation of the gold market by certain bullion banks." ... [the] judge[U.S. District Court Judge Reginald Lindsay] is now expected to decide whether there is enough evidence presented by Howe for the case to go forward to the discovery phase, where Howe could force the defendants to produce evidence and give testimony prior to a trial. The judge didn't indicate when he would make a ruling on the matter. ... [among] those named as defendants in Howe's suit are: the Bank for International Settlements... Federal Reserve Chairman Alan Greenspan, William McDonough, president of the Federal Reserve Bank of New York, and Lawrence Summers, former secretary of the treasury. Bullion banks... The ones named in Howe's suit are: Citigroup Inc. (C), Goldman Sachs Group Inc.(GS), Deutsche Bank AG (DB), and J.P. Morgan Chase & Co. (JPM). -END-
If you wish for more info on above i will supply it.
Also, if Dave Gore's Trades That Make Sense includes trading in the physical gold itself, then the Si profile for above Claude includes url links for what is termed using physical gold as money, and this is an avenue to collect the physical gold as either that store of value for trading, or as money if your Piggy Bank is empty :o)
Also, thanks for your reply to me as i get very few to my posts, as my poor English grammer prevents many from understanding what i am thinking. Just the result of being a highschool dropout which a few profession folks here on Si find me not suitable for any kind of give and take in discusssions. As if i a homeless man entered a library to get some education and a profession person asks the librarian to show me the exit using the back service door.
d:o)ug |