Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: waverider who wrote (11085)	4/24/2002 8:57:59 PM
From: Frank Pembleton	Read Replies (1) of 36161

WR... the problem with most people out there in the real world is that they do not know which stock to buy and when they do find out (which is usually from their friendly neighbourhood analyst) - it's Barrick. Gold bullion can and will outperform hedged miners in this environment. To us that's a complete no brainer - to someone new to this sector who's watching TV and sees the poor people of Argentina lining up in front of banks that are closed indefinitely... so what I'm saying is the premium you'd pay for a coin is negligible - considering the extra risk of owning more potentially meaningless paper as a share certificate. Regards Frank P.

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