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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (143686)	1/14/2002 8:20:28 PM
From: Joan Osland Graffius	Read Replies (3) of 436258

DAK, >>Actually I think it was Heinz that said that all the SA producers were just stupid cheap and were being held down by reluctance of foriegners to buy, and some forced selling. When I doubled down at the low of the stocks GOLD and HGMCY (less than $3 and $4) was paying a pittance an oz for the gold in the ground. Graham would not bat an eye at the opportunity to buy an asset that is discounted to its asset value like these SA gold stocks. Just do not understand why people are nervous with these gold stocks. The gold in the ground is not going anywhere, it will be there for sale as long as I live and these companies share the profits with the shareholders. 20 year bear markets generate some wonderful values!!!!! Joan

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