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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (171595)6/10/2002 2:26:54 PM
From: marginmike  Read Replies (2) of 436258
 
I disagree, with him, I think Gold will trade down to 306-310 however the stocks got way ahead of pog selling 90-120PE. Now if this is a long term Gold bull the POG is not going to grow 50% per year and Gold miners profits will increase nicely, but slowly. First phases of bull markets are slow grinds. I think NEM at 26, HGMCY 10.50 GFI 9 and drooy 3.50 are good buying points. I also think that spot might be better buy.
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