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Strategies & Market Trends : Strictly: Drilling II
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To: interesting man who wrote (14990)7/1/2002 3:23:47 PM
From: SOROS  Read Replies (1) of 36161
 
I am an old fuddy duddy, so take this with a grain of "new era" salt. I hold some NEM, GG, PAAS and SSRI (for silver), a basket of junior speculators -- but my largest holding, by far, is Seabridge (SEA.V / SEABF). I think it is the most leveraged pure play on a much higher gold price. If gold never goes up, it is nothing. But if gold continues to rise, as I suspect, it could be worth 20-50 times. I have tried to stay in N. America mostly. As the economies crater, I don't trust the foreign governments to not take over the only thing of value in their countries.

Best to you.

I remain,

SOROS
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