Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Charles Macdonald who wrote (9263)	3/11/2002 10:25:19 PM
From: Frank Pembleton	Read Replies (1) of 36161

Charles, I like your analogy -- ride the wave until the "big trend" changes stocks -- as follows: Bema Gold -- Beta -.44 Eldorado Gold -- Beta -.25 Corner Bay Silver -- Beta +.15 The first two are junior gold plays - but plays with current production - and great exploration potential. They’re also packaged with some higher cost reserves for some extra kick during a fat-tail event. I specifically like them because of their liquidity and their inverse relationship with the markets - these stocks are pay-on-demand stock market insurance. The third stock best represent the price of silver because of the purity of their Mexican project - it still isn't in production, but so what? There isn't much zinc to confuse matters much. Note the positive beta, at the moment; Mr. Market considers silver as an industrial metal. I know I know these are the same stocks we talk about every day, nothing new here … Anyway, I hope I didn’t disappoint anyone with my picks – my strength is really at riding the wave. Regards Frank P.

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