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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Bruce Robbins who wrote (7241)	2/4/2003 10:10:36 AM
From: russwinter	Read Replies (2) of 39344

Yeah, this is getting a little silly isn't it? There are some very solid names selling way too cheap at these POG prices, or even 325 prices. I still have good size positions, although I'm now out of MFN. I've been thinking of selling more, but they're just too cheap. In fact today, I'm forced to put in some stinky bids in some other strangely quiet names. I think the most frustrating part of this is the dearth of deals. For instance what the heck is GBU doing at 4.35, time to take that $11 buyout (I say Goldfields)? Of course once Minefinders hit the US listing it took off, and they can have mine. Maybe Western Copper (wisely renamed Western Silver) does the same on their new AMEX listing? biz.yahoo.com Good timing, American listings seem to make a big difference. Very inefficient pricing right now. It does appear that exploration activity is picking up quite a bit though, so maybe a few great discoveries will light things up. I mentioned CQR yesterday. Message 18529637

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